by Gilbert CPA | Aug 25, 2025
Debt-financed distributions for pass-throughs: how they work and when they make sense When a pass-through business takes out a loan at the entity level and immediately distributes the borrowed funds to its owners, this is considered a debt-financed distribution. This...
by Gilbert CPA | Jul 8, 2025
A tax-focused walk-through of the One Big Beautiful Bill Act President Trump signed the "One Big Beautiful Bill Act" (OBBBA) on July 4, 2025, enacting an overhaul that permanently extends many tax provisions previously set to expire and rewrites large sections of the...
by Gilbert CPA | Jun 12, 2025
What to do if you receive a notice from the IRS Opening your mailbox to find a letter from the IRS can be nerve-wracking. But before you assume the worst, know that many notices are routine and often resolved without much trouble. The key is knowing what you're...
by Gilbert CPA | Jun 10, 2025
How to protect your retirement accounts during market volatility Periods of market volatility can feel unsettling, especially for those nearing or entering retirement. When account balances swing sharply in a short time, it's natural to worry about the security of...
by Gilbert CPA | Jun 5, 2025
Tariffs and trade wars: how businesses can adapt and manage costs Following recent announcements of broad new tariffs on imports—including universal tariffs and higher reciprocal tariffs for certain nations—businesses are facing an urgent question: how to...
