Posts by Pamela Chowdhury
Navigating the Social Media Minefield
Social media sites such as Twitter, Facebook, LinkedIn, YouTube and blogs can be powerful business tools. But they also carry risks, including inadvertently disclosing corporate trade secrets or engaging in behavior that can harm your company’s reputation. These concerns, combined with obligations to maintain confidentiality and worries about employee productivity, have prompted some businesses to…
Read MoreWhy Now Is a Good Time to Review Your Withholding
Filing your 2025 federal income tax return can provide valuable insights to help with 2026 tax planning. For example, if you receive a large refund or owe significant taxes for 2025, you can benefit from revisiting your withholding for 2026. Although a large refund can provide an enjoyable cash boost, it really means you were…
Read MoreWhat’s New With Your Form 1040 This Year?
The IRS typically updates Form 1040 every year — sometimes a little, sometimes a lot. Given the many tax law changes under the One Big Beautiful Bill Act (OBBBA), there’s plenty to talk about this filing season. Here are some highlights. Basic Changes The OBBBA permanently extends the individual federal income tax rates established under…
Read MoreAre You Up to Speed on the Auto Loan Interest Deduction?
The One Big Beautiful Bill Act (OBBBA), enacted in the summer of 2025, introduced a new temporary federal income tax deduction for auto loan interest. On January 2, 2026, the IRS published proposed regulations in the Federal Register clarifying how the write-off works. The deduction is available whether or not taxpayers itemize their returns and…
Read MoreOn the Fence: Investment Grass Greener on the Other Side?
Picture two neighbors separated by a fence, both deciding how to seed and fertilize their respective lawns. One goes for a combination that grows like crazy in a typical wet spring and turns a lustrous green — only to quickly brown during the first extended dry spell in the summer heat. The other opts for…
Read MorePut Your Small Business Financial Knowledge to the Test
How would you rate your financial literacy? Most small business owners (84%) don’t have a business degree or formal financial training — and just over half (54%) felt confident in their financial knowledge before launching their businesses, according to a 2025 QuickBooks survey. Even owners who think they understand financial matters often hit roadblocks. Roughly…
Read MoreEstate Planning Isn’t Just for the Wealthy
Thanks to today’s favorable federal gift and estate tax rules, most people haven’t amassed enough wealth to worry about federal estate taxes. However, even if you haven’t had the good fortune to win the lotto or inherit millions from a wealthy relative, you still need an estate plan to protect your assets and your loved…
Read More