Category: Tax Planning

Tax Strategies for Construction and Manufacturing Businesses: A Practical Guide for 2025

Construction and manufacturing companies face unique tax challenges due to long production cycles, complex project accounting, volatile material costs, and frequent equipment purchases. The good news: these same characteristics create significant opportunities for tax savings when businesses use the right strategies. Whether your company builds, fabricates, or produces, proactive tax planning can improve cash flow,…
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Year-End Tax Planning Strategies Every Business Owner Should Know

Don’t wait until tax season — now’s the time to take action. As we approach the end of 2025, it’s time to focus on strategic moves that can reduce your business’s tax liability. Here are the top tax planning strategies to consider before December 31: Take Advantage of Section 179 & Bonus Depreciation If you’ve…
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NY State Biennial Statement: What It Is, How It Works, and When to File

We are posting this alert as a reminder of a state reporting requirement that is easily overlooked.  Corporations and LLCs operating in New York are required to file a Biennial Statement every two years with the New York Division of Corporations.  This form serves to confirm and update your business information on file with the…
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