By Nick Niehaus Most business owners understand deductions. You buy equipment, pay your team, and invest in technology and you expect those costs to reduce taxable income. But one aspect that often gets overlooked, even by well-run companies, are tax credits. That matters because credits can be more powerful than deductions. While deductions reduce taxable […]
Passing the Torch: How to Prepare Your Business for the Next Generation
By Pat Burke I’ve spent 50 years in business, more than 40 of them running this firm, much of that stretch alongside my son. In that time, I’ve sat across the table from many owners who built a business of value and then encountered a problem they never planned for: handing off a life’s work […]
Your Midyear Tax Checkup: How to Stay on Track and Avoid Surprises
Written by: Lauren Otto As the summer is in full swing, you’ve probably moved on from “tax season” and shifted your attention back to work, family, travel, and everything else competing for time. And that’s understandable. Taxes are rarely something you want to think about in the heat of the summer. But from a planning […]
Funding the Next Phase: Tax-Smart Ways to Finance Your Business Growth
At some point, every growth-minded business owner hits a familiar crossroads. You’ve proven the model and the demand is there. You’ve outgrown your space, your systems, or even your leadership bench. You’re ready for the “next phase” of growth but growth takes capital, and capital decisions have consequences. I work with many of our clients engaged in acquiring or selling businesses, so I’ve had the […]
Auto-Enrollment and SECURE 2.0: What Business Owners Should Do Before Midyear
Written By: John Kemen If you sponsor a retirement plan for your employees, or you’ve been thinking about starting one, there’s a good chance you’ve heard the phrase “SECURE 2.0” more times than you can count. It’s one of those laws that brought a lot of change to the retirement plan world, and it can […]
Avoid These Common Tax Filing Mistakes Before You Hit Submit
By: Dylan Mosher Every tax season, we see the same trend: most filing issues aren’t caused by complicated tax law. They come from small, preventable mistakes. Unfortunately, small mistakes can lead to big inconveniences, such as delayed refunds, IRS letters, amended returns, or extra time spent tracking down documents after the fact. Here are the […]
What Your Business Needs to Know About PCI Compliance in 2026
Written by Tyler Bick If your business accepts credit or debit cards, whether in person, online, or through a mobile device, payment security rules apply to you. Over the last several years, PCI Compliance standards have evolved in ways that affect not only IT, but also operations, management, and the vendors that support your payment […]
Five Overlooked Deductions That Could Save You Thousands This Tax Season
Tax season has a way of sneaking up on all of us, even the most financially organized. Between shifting regulations, new credits, and evolving IRS rules, it’s easy to overlook valuable deductions that could meaningfully reduce your tax bill. At Burke CPA and Advisors, our goal is simple: help you keep more of what you […]
Setting Up for Success: How to Choose the Right Business Structure in 2026
Choosing the proper business structure isn’t just a legal formality; it’s one of the most critical financial wellness decisions an entrepreneur can make. The structure you select determines how you’re taxed, what liability protection you have, how easily you can raise capital, and what compliance requirements you’ll face as your business grows. As 2026 approaches, […]
2025 Tax Review: What Changed & What Is Ahead
A Year of Shifting Tax Rules and New Planning Opportunities The 2025 tax year brought significant adjustments that affected individuals, business owners, and growing organizations alike. From evolving federal regulations to state-level incentives and changes stemming from past legislation like the SECURE 2.0 Act, taxpayers faced a landscape that was both challenging and full of […]