Blog

Chris Wittich | Aug. 8, 2025

ERC | Legislative updates to processing and examinations

Chris Wittich, MBT, CPA, Partner at Boyum Barenscheer, recently joined the AICPA’s Tax Odyssey podcast to discuss the latest updates…

Kevin Berg | Aug. 8, 2025

Expansion of the Qualified Small Business Stock Exclusion

The Qualified Small Business Stock (QSBS) exclusion, codified under Section 1202 of the Internal Revenue Code, was first created in…

Melissa King | Aug. 7, 2025

100% Bonus Depreciation is Back

Bonus depreciation allows businesses to take a significant portion of the purchase price as a tax deduction in the year…

Becky Gibbs | Aug. 5, 2025

Tax Credits for Private Education Donors

The recent changes to the OBBB Tax bill have implications for nonprofit organizations (NFPs), particularly those involved in education. These…

Matthew Koch | Aug. 4, 2025

Bonus Depreciation for a New Factory

The newly introduced provisions under IRC 168(n) present an exciting opportunity for manufacturers considering the construction or acquisition of production…

Matthew Koch | Jul. 30, 2025

Major Tax Updates for Manufacturing & Distribution Under the OBBB

This webinar covers key tax changes from the One Big Beautiful Bill (OBBB). We highlight what matters most to manufacturers…

Isabel Wollermann | Jul. 28, 2025

Understanding the Latest Revisions to Section 529 Plans

The following expenses, enacted in the 2018 tax year, are still qualifying expenses under the One Big Beautiful Bill Act:…

Amy Swenson | Jul. 25, 2025

New Deduction for Seniors Aged 65 and Older

Personal exemptions, suspended by the Tax Cuts and Jobs Act of 2017, were permanently eliminated by OBBB. However, a temporary…

Amy Swenson | Jul. 25, 2025

Form 1099-K and Forms 1099-NEC & MISC Updates

Form 1099-K is issued for payments received for goods or services during a year from credit, debit, or stored value…

Kevin Berg | Jul. 25, 2025

No Tax on Car Loan Interest

The One Big Beautiful Bill Act, created a new income tax deduction for individuals that pay automobile loan interest. The…

Kevin Berg | Jul. 25, 2025

Trump Accounts: What You Need to Know

The One Big Beautiful Bill Act (OBBA), signed into law on July 4, 2025, created Trump Accounts. These new tax-advantaged…

Chris Wittich | Jul. 23, 2025

One Big Beautiful Bill’s Impact on Construction & Engineering

Chris Wittich walks through the implications of the One Big Beautiful Bill for the construction and engineering industry.