In July 2025, Missouri Gov. Mike Kehoe signed House Bill 594, eliminating the capital gains tax for individuals. Missouri is the first state imposing an

The IRS recently released the 2026 inflation-adjusted amounts for Health Savings Accounts (HSAs). Employees will be able to save more in their HSAs next year.

Many businesses turn to independent contractors to help manage costs, especially during times of staffing shortages.  Ensuring workers are properly classified for federal tax purposes

As your trusted tax and accounting advisors, we are committed to keeping you informed about important legislative changes that may impact your planning. The recently

When an individual inherits assets after a loved one passes away, assets often transfer with a valuable, but frequently misunderstood, tax benefit called the step-up

Staying compliant with payroll tax laws is crucial for small businesses. Mistakes can lead to fines, strained employee relationships and even legal consequences. Below are

Businesses in certain industries employ service workers who receive tips as a large part of their compensation. These businesses include restaurants, hotels and salons. Compliance

Suppose your adult child or friend needs to borrow money. Maybe it’s to buy a first home or address a cash flow problem. You may

If you made significant gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2024