Business Insights

Tax Tip: Online identity theft is a growing threat that can cripple your company or shut it down forever.

Profits interests can be a tax-efficient way for businesses structured as partnerships and limited liability companies to attract and retain talent when cash compensation is limited.

Every year, the IRS releases its "Dirty Dozen" list of common scams and schemes that taxpayers should be aware of. As we enter the peak of tax season, make sure you stay alert and aware.

The phase out of paper checks has begun as the IRS shifts towards a modernized practice of using electronic payments. This order primarily effects individual or fiduciary tax payers since most businesses have already been required to use electronic payments.

Navigate the upcoming tax filing season as an employer by making sure you comply with the federal information reporting requirements. Most forms are required to be electronically filed.

On December 12th MBK Senior Manager Mary Walsh and Tax Supervisors Olivia Calcasola and Elise Puza presented a special hybrid roundtable discussion with individuals and business leaders.

The end if the year is an optimal time for tax planning for both individuals and business owners. The new tax legislation enacted in 2025 significantly complicates matters compared to other years.

Will you be able to benefit from the One Big, Beautiful Bill Act (OBBBA), signed into law earlier this year? The law makes many tax provisions, which were scheduled to expire at year end, permanent and includes other favorable changes for individual taxpayers.