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The Tax Benefits of a Net Operating Loss (NOL)

The Tax Benefits of a Net Operating Loss (NOL)

Business losses can occur for a variety of reasons. They could be the result of financial challenges, but losses can also happen when you take chances, expand, or grow in ways that are necessary to trigger more success. Whatever the reason for your business losses, do...

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Dangers of AI-Powered Chatbot Tax Advice

Dangers of AI-Powered Chatbot Tax Advice

TurboTax and H&R Block started using artificial intelligence (AI) chatbots to give tax advice. The potential results? Dramatically inaccurate tips that could lead to an audit. Consider this your reminder to rely on real CPAs. Washington Post reporter Geoffrey A....

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IRS Offers Tax Guidance for Inherited Retirement Accounts

IRS Offers Tax Guidance for Inherited Retirement Accounts

Over the past few years, the SECURE and SECURE 2.0 Acts dramatically changed the rules for qualifying inherited retirement plans, including IRAs. The IRS finally released guidance clarifying some of the major sticking points for fund owners and their beneficiaries. In...

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Concepts Construction

Concepts Construction

San Antonio native Mark Lopez can’t recall a time he didn’t envision himself following the footsteps of his father, a project manager, into the construction business. He remembers visiting his dad on construction sites as often as he could. So, when he got the chance...

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Family Business Growth Through Uncertainty

Family Business Growth Through Uncertainty

If you own a family business that’s been growing or seems poised for growth, you’re not alone. You’re also not alone if you feel more worried or concerned than ever, even while your revenue and headcount trend upward. For a small business owner, it comes with the...

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