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Business Tax Update: IRS Guidance on QPP Depreciation Rules |
The One Big Beautiful Bill Act established a new 100% first-year depreciation tax break for nonresidential real estate classified as qualified production property (QPP). Early in 2026, the IRS issued Notice 2026-16, which provides interim guidance on the many rules involved. We break down the finer points for business owners.
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Minimize FMLA Abuse |
A medical certification is a useful tool to help curb abuses of the Family and Medical Leave Act, which protects employees' jobs when they take extended time off for health reasons. Without proper verification, businesses covered by the law can deny the unpaid absences. But as an employer, you must follow a specified process when asking for certification. Here are some basic guidelines to help your organization stay within the law.
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Guard Against Age-Bias Suits When Downsizing |
Layoffs can be avoidable for a variety of reasons. When reducing your company's headcount, you can ask older workers to waive their right to file age-bias suits, but federal law governs the terms of these accords rigidly. This article can help you understand how the statutory requirements work.
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Proper Fleet Management Can Ensure Safety and Save Money |
Company-owned vehicles can be expensive to buy, operate and maintain. And the more vehicles you have, the more important it becomes to handle them carefully. The concept is called "fleet management" and, done properly, it can help a business claim available tax breaks, trim operational costs, maintain a good safety record and keep vehicles in tip-top shape. This article explains some of the basics.
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