FOR YOUR INFORMATION
Explore our For Your Information section for practical tips, helpful how-to guidance, industry trends, and timely information to help you stay informed and make confident decisions.
10 Tips for Cybersecurity on a Shoestring
Small businesses often lack financial resources to defend against cyberthreats, but you don’t need a large IT budget. Simple, cost-effective habits can help safeguard your company’s data, financial assets and reputation. Here are 10 practical ways to enhance...
How to Interview Employees About Possible Fraud
If you or your managers suspect fraud is occurring in your organization, you can’t afford to wait to act. According to the Association of Certified Fraud Examiners, the longer an occupational fraud scheme continues, the more it will cost the company a significant...
Why the Standard of Value Matters in Business Valuation
Valuing a private business requires a custom approach. One size doesn’t fit all companies, especially when it comes to the appropriate standard of value. Applying the wrong one can lead to disputes, unfavorable tax and accounting consequences, litigation exposure, and...
6 Essential Tips for Small Business Payroll Tax Compliance
Staying compliant with payroll tax laws is crucial for small businesses. Mistakes can lead to fines, strained employee relationships and even legal consequences. Below are six quick tips to help you stay on track. 1. Maintain organized records Accurate recordkeeping...
2025 Tax Calendar
To help make sure you don’t miss any important 2025 deadlines, we’re providing this summary of when various tax-related forms, payments and other actions are due. Please review the calendar and let us know if you have any questions about the deadlines or would like...
Payment Elections for Gain on Sale or Exchange of Qualified Farmland
Written by Brandt Dupuis, Accountant With tax law constantly changing, Darnall, Sikes, & Frederick wants to help you understand the changes coming from the One Big Beautiful Bill Act (OBBBA), a federal budget and tax regulation law that was signed on July 4th,...
Full Expensing for Certain Business Property Under the OBBBA
Written by: Markaylin Milburn The One Big Beautiful Bill Act (OBBBA) is a federal law signed by President Donald Trump on July 4, 2025. This legislation introduces major tax reforms affecting individuals and businesses alike. While the act contains various provisions,...
Understanding the Adoption Credit Provision Under the OBBB Act
Written by Seth Broussard, Accountant The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025 by President Trump, is a bill that covers a wide array of topics from individual tax rates to government spending provisions. One of the main implications of...