Insights by Author: Bridget Foreman, CPA

2023 Year-End Tax Planning for Businesses

November 13, 2023

As businesses work to rebound after a challenging few years, strategic year-end tax planning has never…

Key Tax Considerations for Real Estate Investors in 2023

February 8, 2023

Real estate investors should weigh important issues and changes in real estate taxation to strategically position…

Year-End Tax Planning for Individuals

November 15, 2021

As we near the end of another turbulent year, it’s time to discuss the steps you…

Proposed Tax Increases on the Horizon

May 14, 2021

President Biden presented the American Families Plan in an April 28, 2021 address to Congress, which…

COVID-19 Resource Guide: Everything You Need in One Place

March 22, 2021

Office Updates While BPW is categorized as an essential business due to the importance of tax…

BPW Moves Forward with April 15 Deadline

March 19, 2021

The IRS and California Franchise Tax Board recently announced that the income tax filing deadline for…

New Stimulus Package: What You Need to Know

March 14, 2021

The third stimulus package valued at $1.9 trillion made its debut last week after President Biden…

Update on Coronavirus Relief Programs

January 8, 2021

New Tax Relief & Grants will Support Businesses Impacted by COVID-19 As businesses and taxpayers continue to feel…

Year-End Tax Planning for Individuals

October 27, 2020

We recognize the impact this unimaginable year has had on all of us. There have been…

Income Tax Relief in Response to COVID-19 Outbreak

March 20, 2020

On March 20, 2020, the IRS extended the federal tax filing deadline to July 15, 2020,…

New Benefit Plan Auditing Standards Effective Date Extended

Another pandemic-powered delay is pushing the effective date back for new standards related to audits of ...
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To Port or Not to Port: Is Filing for Portability Right for You?

The option of portability when planning your estate could make a substantial difference come tax time, ...
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Top 10 Ways Accounting Services Can Grow Your Business

Any successful business will tell you that having excellent accounting is the secret ingredient to growing ...
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Update on Coronavirus Relief Programs

New Tax Relief & Grants will Support Businesses Impacted by COVID-19 As businesses and taxpayers continue to feel ...
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IRS Introduces the New Form 1099-NEC

The IRS has introduced a new Form 1099-NEC, Nonemployee Compensation. It's a sibling to Form 1099-MISC ...
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When Does a Gift Require a Gift Tax Return, and Gift Tax?

With lifetime gift and estate tax exemptions at an all-time high in 2020, not as many ...
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Future-Forward Manufacturing

Many manufacturers are feeling the impact of the current crisis. But companies that are ready to retool and ...
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By the Numbers: The Key Adjustments for 2021

What will 2021 bring us? After a year of turmoil and surprises, no one has a ...
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Restructuring Debt as a Business Strategy

Many businesses are facing the financial effects of the Covid-19 pandemic. The loss of clients and ...
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Hobby or Business: The IRS Takes a Stand

From a tax perspective, the distinction between hobbies and businesses is important because businesses can deduct ...
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Year-End Tax Planning for Businesses

Many businesses remain steeped in financial, operational, and HR challenges related to the COVID-19 crisis, but ...
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Year-End Tax Planning for Individuals

We recognize the impact this unimaginable year has had on all of us. There have been ...
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