Insights

Common Errors in SBA Business Valuations: A Practical Checklist for Lenders

As SBA loan default rates rise, it is increasingly important for lenders to ensure that business valuations supporting SBA loans are well‑reasoned, internally consistent, and reflective of the business’s actual ability to service debt as of the valuation date. While there are many reasons a loan may ultimately default, overpaying for a business materially increases…

IRS Issues Guidance on 100% Depreciation for Commercial Real Estate

The Internal Revenue Service (IRS) has released interim guidance in Notice 2026-16, outlining a major new tax incentive for the manufacturing sector. The guidance implements a 100% special depreciation allowance under IRC §168(n) for certain commercial real property classified as Qualified Production Property (QPP). This provision—enacted as part of the One Big Beautiful Bill Act…

Blueprints for Decision-Making: The Power of Analytics in Construction

In an industry where profit margins are often measured in single digits, small missteps in estimating, scheduling or cost control can determine whether a project succeeds or fails. Companies that integrate robust data analysis into their operations frequently realize competitive advantages. Data analytics help create more efficient operations by automating reporting, flagging anomalies, and streamlining…

2026 Private Funds CFO Fees and Expenses Survey

Treasury Signals Increased Scrutiny on QSBS Trust “Stacking” Strategies

Treasury Department officials are discussing their concerns with Qualified Small Business Stock (QSBS) “stacking” strategies. Concerns were raised about stacking at two recent conferences; one official brought it up at the May meeting of the American Bar Association’s Tax Section, and another at a law firm-sponsored conference. Under the QSBS rules, each “taxpayer” is entitled…

How to Choose the Best E-Commerce Warehouse Location: Key Tax and Logistics Considerations

Selecting the optimal state for your e-commerce warehouse or third-party logistics (3PL) facility involves more than just proximity to customers or major transportation hubs. While shipping speed and costs are critical to this decision, state taxes should also be considered, as they can vary widely across states and turn out to be either beneficial or…