The Edge
- Tax Advantages of Qualified Charitable Distributions (QCDs)Qualified Charitable Distributions (QCDs) are a highly effective tool in the tax planning toolkit, particularly for retirees who...
- Lewis & Knopf Welcomes New Advisor, Ken RappuhnFlint, MI — The local public accounting firm of Lewis & Knopf, CPAs, P.C. is pleased to welcome Ken Rappuhn as a new Advisor with...
- Vehicle Loan Interest Deduction A Restrained Tax BenefitIn the swirling complexities of tax legislation, even well-intentioned provisions can seem like offers of relief that arrive...
- Occupations Qualified for Tip Deduction ReleasedOn September 2, 2025, the Treasury Department released a draft list of 68 occupations eligible for the new...
- Uncertainty Is the New Normal: How Small Businesses Can Stay SteadyThe Economy Feels Mixed — and That’s OkayIf you’ve read the headlines lately, you know the signals are…confusing....
- IRS Transitioning to All-Electronic Payments — What You Need to KnowThe IRS has announced that it will begin requiring all tax payments to be made electronically starting later...
- The 2025 Guide to Small Business Tax Deductions You Can’t Afford to MissWhen it comes to running a successful small business, every dollar counts. Yet every year, many owners miss...
- Unravelling Education Savings: Mastering 529 Plans to Maximize Tax BenefitsSection 529 plans are tax-advantaged savings plans designed to encourage saving for future education costs. They are legally...
- Tax Break for Businesses: 100% Bonus Depreciation is Back Plus New Expensing of Qualified Production PropertyThe reinstatement of bonus depreciation is a critical component of recent U.S. tax legislation aimed at fostering economic...
- See How the “One Big Beautiful Bill” Act Will Impact Your 2025 Taxes and Transform Your Financial Landscape!On July 4th, the President signed into law the so-called “One Big Beautiful Bill” Act (OBBBA), a significant...
- Navigating SALT Deduction Changes and Passthrough Entity Strategies for Maximum BenefitThe State and Local Tax (SALT) deduction allows taxpayers to deduct either their state and local income taxes...
- IRS Dirty Dozen Scams for 2025: What to Watch Out For (and How to Protect Yourself)Let’s get one thing straight: Scammers are not slowing down. They’re getting slicker, faster, and disturbingly good at...
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What is life like during a person’s first audit season?You’ve heard the myths and stories behind... -
Lewis & Knopf Announces Appointment of Allen “AJ” Gamble to Partner Effective January 1, 2026Lewis & Knopf, CPA, P.C. is pleased to...
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Beware of Social Media Tax Advice: The Risks and ConsequencesIn today's digital age, social media serves...