Year-end is the ideal moment to revisit your tax plan and make decisions that may lower your 2025 tax bill. Several strategies require time to put in place, making early planning especially important. Learn more in my blog, Essential Year-End Tax Moves Every Individual Should Consider, at StephanoSlack.com.
The One Big Beautiful Bill Act (OBBBA) brings major changes to how businesses deduct interest expenses under IRC Section 163(j). While the return to the EBITDA calculation offers relief at the federal level, states vary widely in how they apply these rules. Read my blog, “State Tax Treatment of the Business Interest Deduction: What to Expect in PA, NJ, NY, DE, MD, and Florida,” at StephanoSlack.com to see how these states handle the changes and what they could mean for your business.
Good news for businesses with loans. Recent changes to the tax law make it easier for many businesses to deduct more of their interest expense — helping improve cash flow and reduce taxable income. If your company relies on financing for growth or day-to-day operations, these changes could make a real difference. Read my new blog, The Return of EBITDA: How the One Big Beautiful Bill Act Expands Business Interest Deductions at StephanoSlack.com to learn more.
New tax rules are reshaping how investors benefit from owning qualified small business stock (QSBS). From higher exclusion limits to expanded rollover options, these updates can make a significant difference when it’s time to sell startup shares. Learn what’s new, how the changes apply, and what steps investors should take now to preserve their tax advantages. Read my blog, Understanding the Tax Benefits of Qualified Small Business Stock (QSBS) on StephanoSlack.com
Social Security’s 2026 COLA may sound promising, but rising Medicare premiums, inflation, and tariffs could quickly eat away at those gains. Starting your retirement plan early gives you more control and financial freedom later.
Read my full blog at StephanoSlack.com.
The IRS has released its 2026 inflation adjustments, which include new standard deduction amounts, revised tax brackets, and key threshold changes affecting individuals and businesses alike. Several updates stem from the One Big Beautiful Bill Act (OBBBA), making this a pivotal year for planning. Read my blog to see how these changes may affect your 2026 tax strategy at StephanoSlack.com.
IC-DISC allows U.S. exporters to defer tax on a portion of export income and treat distributions as qualified dividends, which are typically taxed at lower rates. With the QBI deduction set to expire in 2025, an IC-DISC election may be more valuable. Learn what your company must do to qualify. Read my blog at StephanoSlack.com.
NFT transactions can trigger real-world tax bills, and the IRS is stepping up enforcement. Whether you’re creating, collecting, or trading, every sale, swap, or royalty can be taxable. Clear records and smart planning now can save major headaches later. Read my blog at StephanoSlack.com to learn more.
Big tax changes are coming in 2026. OBBBA redefines how foreign earnings are taxed, with GILTI becoming NCTI and new rules on deductions, credits, and allocations. Is your business ready? Read my blog for the key facts and next steps at StephanoSlack.com.