Strengthen Your Business Deductions Before December 31 Prepay Expenses Under the IRS Safe Harbor If you’re on the cash basis, you can prepay qualifying expenses up to 12 months in advance and deduct them this year. That includes office rent, equipment leases, and insurance premiums. For example, if your monthly office rent is $3,000, prepaying $36,000 on December 31 to cover your  2026 rent gives you a $36,000 deduction in 2025—and it provides the landlord with the income whe

As we enter the Fall season and prepare for the upcoming year-end, we are following the latest changes in tax regulations included in recent congressional legislation known as "One Big Beautiful Bill".  Please be sure that our associates are continually monitoring all updates and will apply all positive elements and deductions to the benefit and advantage of our clients. Please also note that the link from fxcassidy.com has expired and will no longer connect to www.shassocia

New Changes In Tax Law OBBBA Restores and Creates New 100 Percent Deductions for You, Now If you plan to buy equipment, furniture,...