by Davis, Brown & Company PLLC | Nov 25, 2025 | Uncategorized
Key Takeaways Create a written data protection policy. Every employee should know the rules for handling sensitive data. Back up data regularly with secure cloud services or encrypted physical backups. Encrypt everything so stolen data is useless...
by Davis, Brown & Company PLLC | Nov 24, 2025 | Uncategorized
Key TakeawaysYou can sell losing investments to realize a capital loss that offsets taxable gains. If your losses exceed gains, you can deduct up to $3,000 against ordinary income ($1,500 if married filing separately). Unused losses carry forward...
by Davis, Brown & Company PLLC | Nov 18, 2025 | Uncategorized
Key Takeaways Your business can give back and receive tax benefits if the donation is correctly structured and documented. Charitable contributions to qualified 501(c)(3) organizations can be deductible, but how you claim the deduction depends on your business...
by Davis, Brown & Company PLLC | Nov 7, 2025 | Uncategorized
Key TakeawaysYes, the WOTC applies if you hire someone before December 31, 2025. You must submit IRS Form 8850 to your State Workforce Agency (SWA) within 28 days of the new employeeâs start date. The credit can be worth up to $2,400 per eligible...
by Davis, Brown & Company PLLC | Nov 4, 2025 | Uncategorized
Key Takeaways Profit doesnât equal liquidity: You can look great on paper (i.e., profitable) and still run out of cash. Year-end cash flow management is about accelerating what comes in and strategically optimizing (delaying) what goes out (legally, of...
