You Outgrew Your Internal Controls
Between $1 million and $3 million in revenue the owner stops being able to see every transaction. These are the process controls that have to replace you.
The Employee Retention Credit Is Still Generating IRS Notices
The Employee Retention Credit began under the CARES Act and was broadened by later pandemic legislation, including the American Rescue Plan Act. For a stretch of 2021 and 2022 it was aggressively marketed — often by firms that appeared specifically to sell it, charged a percentage of the refund, and disappeared once the cheque cleared. […]
Crypto Cost Basis: The Records to Fix Before January
Most of the attention on crypto taxes goes to the question of whether a transaction is taxable. That part is fairly settled: the IRS treats digital assets as property, so selling, trading one coin for another, or spending crypto on goods and services can all trigger a capital gain or loss. The part that actually […]
Your Tax Deadline Moved to November 2. Don’t Use All of It.
IRS disaster relief postpones most fall federal deadlines to November 2, 2026 for 21 Wisconsin counties. What moved, why Wisconsin follows interest-free, and why you should not use the whole extension.
Late-Summer Tax Planning for Wisconsin Farms: Equipment Timing & the Manufacturing and Agriculture Credit
Late-Summer Tax Planning for Wisconsin Farms: Equipment Timing & the Manufacturing and Agriculture Credit Wisconsin’s harvest season is approaching, and the tax and cash-flow decisions farm owners make in the next few weeks will shape what their 2026 return looks like far more than anything done in December. Equipment orders placed now determine whether Section […]
Is Your Restaurant Ready for Summer? 5 Financial Checks Before June Gets Busy
Summer is the busiest—and most expensive—season for restaurants. Between seasonal staffing, higher food costs, patio operations, extended hours, and catering requests, small financial gaps can turn into major cash problems fast. The owners who come out of summer profitable aren’t always the ones with the most covers. They’re the ones who went in with clean […]
5 Signs Your Cost Accounting Is Killing Margins
Most manufacturing businesses don’t realize they have a cost accounting problem — at least not at first. It usually shows up indirectly: Margins start compressing Certain jobs feel harder to make money on Inventory never quite ties out Cash doesn’t line up with reported profit By the time someone asks, “Why is this happening?”, the […]
May Construction Insights: Why Early-Season Decisions Matter Most
May Construction Insights: Why Early-Season Decisions Matter Most As construction activity accelerates in May, projects transition from planning into sustained execution. While warmer weather and longer days create momentum, they also introduce tighter labor availability, increasing material competition, and a reduced tolerance for error. Decisions that were once adjustable quickly become embedded constraints once peak […]
The Clock Is Still Ticking—Just Differently
What Evolving Estate Tax Rules Mean for Families and Business Owners Summary:Federal estate and gift tax rules have shifted again—but not in the way many planners expected. The long‑anticipated “sunset” of the doubled federal exemptions after 2025 did not occur. Instead, Congress increased and extended the exemptions beginning in 2026. While this removes the immediate […]
What the IRS Really Expects on Crypto This Filing Season
What the IRS Really Expects on Crypto This Filing Season Crypto is taxable property—trading, spending, or receiving it can trigger tax. [irs.gov] The IRS asks a digital‑asset question on the 1040—answer it accurately. [irs.gov] Third‑party reporting is expanding (more 1099‑style forms from platforms). Keep your own records to avoid mismatches. If your business accepts crypto, […]
