Insights

Every business decision has a tax impact - some obvious, some hidden. Understanding these implications before you act can save significant money and prevent unexpected surprises. Smart business owners know that timing and structure of decisions can be just as important as the decisions themselves.

The IRS has made it easier than ever for taxpayers to report suspected tax fraud, scams, and other illegal activity. A new, centralized web page now consolidates multiple fraud-reporting options into a single, easy-to-use location, making the process simpler and more accessible for everyone.

The real estate and construction industries are navigating a period of significant change—from shifting economic conditions and evolving regulations to new technology adoption and workforce challenges. BDO's annual industry predictions report provides valuable insights into the trends and pressures shaping the sector in 2026 and beyond.

Nonprofit and higher education leaders can use these insights to anticipate challenges, identify opportunities, and strengthen their strategic planning for the year ahead.

Building a successful company is just the beginning. Protecting your business, minimizing taxes, and planning for the future for yourself and your family requires a proactive, integrated approach. Your financial landscape is complex, spanning business operations, personal finances, retirement goals, and succession planning. The right team of advisors can help you turn complexity into opportunity.

The IRS has released two new fact sheets addressing significant changes for taxpayers: the transition to fully electronic federal payments and a new deduction for qualified overtime compensation. Here's what you need to know:

The Postal Service has added a new section, 608.11, "Postmarks and Postal Possession," to the Domestic Mail Manual (DMM). This update is designed to improve public understanding of postmarks and their relationship to the date of mailing.

When it comes to your legacy, there’s no substitute for proactive planning. Whether you’re looking to protect family wealth, minimize taxes, or ensure your wishes are honored for generations to come, the right estate and trust strategy  is essential. But true peace of mind comes from more than just having a will or trust document—it comes from an integrated approach that combines expert tax compliance  and advisory services . At HFM, we understand that estates and trusts are

The IRS has issued its annual filing season guidance, and 2026 brings substantial changes that will impact how you file your 2025 tax returns. From the phase-out of paper refund checks to new deductions and expanded reporting requirements, this filing season demands careful preparation and strategic planning.

The IRS has released crucial guidance on President Trump's new tax deduction for car loan interest, and the eligibility requirements are more specific than many taxpayers might expect. While this benefit could provide meaningful tax savings for car buyers, only vehicles that meet strict "made in America" criteria will qualify for the deduction.

A significant change in U.S. Postal Service operations could create serious complications for taxpayers and businesses who rely on postmarks to prove compliance with critical deadlines. As of December 24, 2025, postmarks can no longer be considered reliable evidence of when mail was sent, potentially putting tax returns, legal documents, and other time-sensitive correspondence at risk.

The IRS has announced the standard mileage rates for 2026, with the business rate climbing to 72.5 cents per mile—a 2.5-cent increase from 2025. These annual adjustments reflect updated cost data and inflation, providing businesses and taxpayers with revised deduction calculations for vehicle expenses in the coming year.