K. B. Daniel Company

Family members funding a child's Trump account? New IRS guidance explains when contributions qualify for the annual gift tax exclusion and when a gift tax return may still be be required.

Trump Accounts and Gift Tax Rules Explained IRS guidance clarifies when Trump account contributions qualify for the gift tax annual exclusion and when a gift tax return may still be required.

A Dependent Care FSA can help lower both your childcare costs and your tax bill. Be sure you're taking full advantage of this valuable benefit.

Reasonable compensation should evolve as your business grows. Learn why S corporation owners should review salary, distributions, and tax planning regularly.

Reasonable Compensation for S Corporation Owners

Focus on what matters.

The economy is uneven, and your 2026 tax strategy should reflect your reality. Learn how growing and slowing businesses can adjust tax planning, cash flow, and expenses.

Booming or Slowing Down? Why Your 2026 Tax Strategy May Need The economy is uneven. Learn tax planning strategies for growing and slowing businesses, including cash flow, expenses, and 2026 tax-saving opportunities

A well-planned mid-summer sale helps reduce excess inventory, improve cash flow, and prepare your business for the busy fall shopping season.

Learn how the IRS 10-year collection statute works, what can extend it, and why waiting out tax debt is often riskier than it sounds

IRS Tax Debt: Understanding the 10-Year Collection Rule Learn how the IRS 10-year collection statute works, what can extend it, and why waiting out tax debt is often riskier than it sounds.

Choosing between an S corporation and C corporation involves more than tax rates. Learn the key factors that can impact growth and profits.

S Corp vs. C Corp: Choosing the Right Business Structure

Action brings answers.