Auburn-Opelika (334) 887-7022 | Montgomery (334) 244-8900

Returning Value Blog

Use High-Impact Graphics to Bring Your Financials to Life

Posted by Jessica L. Pagan, CPA on Aug 08, 2025

Are your company’s financial statements keeping up with how people consume information today? We live in a world that scrolls, swipes, and scans. With information coming at us nonstop, most people don’t have the time — or patience — for dense financial reports.

Full Story

Posted in Business Advisory

The QBI Deduction and What's New in the One, Big, Beautiful Bill Act

Posted by Lesley L. Price, CPA on Aug 07, 2025

The qualified business income (QBI) deduction, which became effective in 2018, is a significant tax benefit for many business owners. It allows eligible taxpayers to deduct up to 20% of QBI, not to exceed 20% of taxable income. It can also be claimed for up to 20% of income from qualified real estate investment trust dividends.

Full Story

Posted in Business Advisory, Business Tax

Federal Taxes: What Taxpayers Should Know as the IRS Scales Back

Posted by Tracey C. Strickland on Aug 06, 2025

Recent IRS downsizing efforts have posed challenges for taxpayers attempting to resolve issues with the agency. Over recent months, thousands of IRS employees have left the IRS through the administration’s deferred resignation programs, comprehensive layoffs of probationary employees, and retirements.

Full Story

Posted in Business Advisory

The New Law Includes a Game-Changer for Business Payment Reporting

Posted by Murry Guy, CPA on Aug 05, 2025

The One Big Beautiful Bill Act (OBBBA) contains a major overhaul of an outdated IRS requirement. Beginning with payments made in 2026, the new law raises the threshold for information reporting on certain business payments from $600 to $2,000. Beginning in 2027, the threshold amount will be adjusted for inflation.

Full Story

Posted in Business Advisory

The New Law Includes Favorable Changes for Depreciating Eligible Assets

Posted by Lesley L. Price, CPA on Jul 23, 2025

The One Big Beautiful Bill Act (OBBBA) includes a number of beneficial changes that will help small business taxpayers.Perhaps thebiggest and best changes are liberalized rules for depreciating business assets. Here’s what you need to know.

Full Story

Posted in Business Advisory, Business Tax

Budgeting Basics for Entrepreneurs

Posted by Jessica L. Pagan, CPA on Jul 22, 2025

Starting a business can be rewarding, but the financial learning curve is often steep. The U.S. Bureau of Labor Statistics estimates that one in five new businesses will fail within one year of opening, roughly half will close within five years, and less than a third will survive for 10 years or longer. A common thread in early failures is weak financial planning and oversight.

Full Story

Posted in Business Advisory

Significant Business Tax Provisions in the One, Big, Beautiful Bill Act

Posted by Michael D. Machen, CPA, CVA on Jul 18, 2025

The One, Big, Beautiful Bill Act (OBBBA) was signed into law on July 4. The new law includes a number of favorable changes that will affect small business taxpayers, and some unfavorable changes, too. Here’s a quick summary of some of the most important provisions.

Full Story

Posted in Business Advisory

Tax Bill Signed into Law

Posted by Michael D. Machen, CPA, CVA on Jul 10, 2025

The president signed into law a sweeping reconciliation tax bill in a July 4 signing ceremony, capping a furious sprint to finish the legislation before the self-imposed holiday deadline. The Senate approved the bill in a 51-50 vote on July 1 after making a number of last-minute changes following intense bicameral negotiations. The House voted 218- 214 on July 3 to send the bill to the president’s desk.

With the legislation now final, taxpayers should focus on assessing its impact and identifying planning opportunities and challenges. The bill offers both tax cuts and increases that would affect nearly all businesses and investors.

Full Story

Posted in Business Advisory

5 Tax Breaks on the Table: What Business Owners Should Know About the Latest Proposals

Posted by Lesley L. Price, CPA on Jun 18, 2025

A bill in Congress — dubbed The One, Big, Beautiful Bill — could significantly reshape several federal business tax breaks. While the proposed legislation is still under debate, it’s already sparking attention across business communities.

Full Story

Posted in Business Advisory

The One, Big, Beautiful Bill Could Change the Deductibility of R&E Expenses

Posted by Jessica L. Pagan, CPA on Jun 17, 2025

The treatment of research and experimental (R&E) expenses is a high-stakes topic for U.S. businesses, especially small to midsize companies focused on innovation. As the tax code currently stands, the deductibility of these expenses is limited, leading to financial strain for companies that used to be able to expense them immediately. However, proposed legislation dubbed The One, Big, Beautiful Bill could drastically change that. Here’s what you need to know.

Full Story

Posted in Business Advisory

Recent Posts

Returning_Value