Insights & News
Practical guidance. Timely updates. What it means for you.
- The Loopholes Blog presents articles geared primarily for individuals and families covering tax issues, financial planning, and estate and trust planning. What’s changed, why does it matter, and what steps should be considered next? Find out in the Loopholes blog.
- The Bottom Line Blog provides business owners and senior managers with a wide range of information on tax strategy, cash flow, accounting updates, and operational decisions that drive results.
- News – A curated stream of financial news relevant to our clients, with fast summaries and context so you can stay ahead without sifting through noise.
Loopholes
What Every Individual Taxpayer Should Know Now About The One Big Beautiful Bill
by: Austin Hughes, CPA On July 4, 2025, fireworks lit up the sky for more than just Independence Day. That same day, H.R. 1 – officially titled the “One Big Beautiful Bill” or OBBBA – was enacted, presenting a sweeping rewrite of the individual tax code with…
Five Year‑End Tax Moves For High Earners in 2025
By: Healey & Associates Lock in deductions, trim surcharges, and set up next year’s tax bill now. Here are the highest‑impact plays for high‑income households. 1) Max out tax‑advantaged accounts Prioritize every available bucket: workplace plans, HSAs, IRAs/Roth…
The High‑Earner’s Often Overlooked Retirement Tool: HSAs, Simplified
By: Healey & Associates A Health Savings Account (HSA) gives you three tax wins – deductible contributions, tax‑free growth, and tax‑free withdrawals for qualified medical expenses. With the right health plan, high‑income earners can use an HSA to cut today’s…
The Bottom Line
One Big Beautiful Bill Rewrites Small Business Taxes: What To Do First
By William J. Healey, III, CPA, JD, PFS On July 4, as parades rolled and fireworks filled the sky, a different kind of spark came from Washington. The One Big Beautiful Bill became law, and for small business owners, it reads like a new operating manual. The law…
Tax Considerations to Include in Your Partnership or Shareholder Agreement
By William J. Healey, III, CPA, JD, PFS A partnership or shareholder agreement that omits tax considerations can lead to unintended liabilities, disputes, and financial setbacks. Here are several tax-related areas to consider including in your company’s agreement….
Make Your Money Management Easier With These Ideas
By William J. Healey, III, CPA, JD, PFS Managing your business’s money can sometimes feel overwhelming and time-consuming. With the right approach, though, your process can be easier and more effective. Here are some ideas: Create a cash forecast. Create a…
News
Beware the Viral Tax “Hack”: What the IRS Wants You to Know
By: Healey & Associates It starts with a post that sounds convincing: a quick “loophole” for a bigger refund, a step-by-step thread from someone calling themselves a tax pro, hundreds of comments saying it worked. Then the letter from the IRS arrives. The agency…