Get Ahead of the Deadline: The Essential Checklist for Getting Your Taxes Ready Now Getting Your Taxes Ready. For most business owners and high-net-worth individuals, the annual tax deadline is synonymous with stress, late nights, and a scramble for misplaced receipts. However, at TYS, we view tax preparation not as a year-end chore, but as a year-round, strategic process that … Read More
🛡️ The OBBBA Sets new Estate & Gift Tax Exemption
How does the One Big Beautiful Bill Act affect Estate & Gift Tax planning? The One Big Beautiful Bill Act (OBBBA), signed in July 2025, provides unprecedented certainty for high-net-worth individuals and business owners. Specifically, the Act permanently sets the federal unified Estate & Gift Tax exemption amount. This amount is $15 million per individual or $30 million for married … Read More
The One Big Beautiful Bill Act Creates Tax-Free Tips & Overtime
Boost Your Bottom Line: How does the One Big Beautiful Bill Act create Tax-Free Tips & Overtime for workers and impact tax prep? The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, provides a federal income tax deduction for a portion of qualified tipped income and qualified overtime pay for tax years 2025 through 2028. … Read More