Hospitality’s New Tax Playbook: Key Wins from the OBBBA

By Allison Katz

The hospitality industry thrives on adaptability, and recent legislative changes offer a fresh opportunity to optimize financial strategy and operational planning. The One Big Beautiful Bill Act of 2025 (OBBBA) introduces several tax provisions that directly impact hospitality businesses—from restoring full bonus depreciation to eliminating federal income tax on qualified tips. These updates not only…

The 2035 Fund: A New Opportunity for Massachusetts Life Sciences Companies

By Allison Katz

The 2035 Fund represents a new major investment in the future of life sciences in Massachusetts. Backed by the Massachusetts Life Sciences Center, the Fund is structured as a series of programs, each with its own focus area, providing companies, academic institutions and nonprofits several pathways to pursue funding and support. Together, these programs create…

Maryland’s Tech Tax: A New Cost Curve for Manufacturers

By Allison Katz

Maryland’s new 3% tech tax, effective July 1, 2025, is poised to significantly impact manufacturing companies – especially those that rely on digital infrastructure, software and IT services to operate efficiently. Here’s how. Overview of the Tech Tax The tax applies to a wide range of technology services, including: The above services could trigger a…

Cryptocurrency Cost Basis 101: A Beginner’s Guide to Crypto Tax Reporting

By Ruby Castaneda

What Is Cryptocurrency Cost Basis? Your cryptocurrency cost basis is the original value of a digital asset when you acquire it. This includes: Understanding your cost basis is essential for crypto tax reporting, especially when calculating capital gains or losses for IRS compliance. Why Cost Basis Matters in Digital Asset Accounting Whether you’re a long-term…

What’s New in Business Central 2025 Wave 2: Latest Features and Timeline

By Allison Katz

Microsoft Dynamics 365 Business Central (BC) continues to raise the bar for small and mid-sized businesses seeking a connected, cloud-first ERP. In 2025, Microsoft doubled down on AI-assisted work, agent automation, e-commerce integration and everyday usability. This article highlights the most significant improvements from Release Wave 1 (April–September 2025) and what’s planned for Business Central…

From Fragile to Agile: The New Blueprint for Manufacturing Leaders

By Allison Katz

The manufacturing landscape is undergoing a seismic shift. The old playbooks optimized for stable supply chains, predictable customer demand and affordable inputs are rapidly becoming obsolete. Global volatility and mounting economic pressures have created a perfect storm. These aren’t temporary headwinds; they’re structural changes. The companies that will thrive in this new era are those…

Accurate LM-2 Reports: Why Solid Accounting Matters 

By Ruby Castaneda

Regulatory scrutiny around labor unions often changes with a new administration so the need for accurate LM-2 reporting has never been more important. The Department of Labor (DOL) has emphasized its intention to reinforce transparency and compliance across financial disclosures, emphasizing detailed, timely and accurate LM-2 filings; something no union can afford to overlook. The…