https://hmck.net/ Take a look at our recent blog posts and client newsletter articles. en-us Tue, 01 Jul 2025 09:00:00 +0000 Tue, 01 Jul 2025 09:00:00 +0000 https://www.hmck.net/newsletter.php#3 Once a tax return is filed, most people breathe a little easier. But it’s not uncommon to realize too late that something was left off a return, figures were misreported or some other error was made. Accuracy is essential, but, depending on the type of error, an amendment may not be required. Tue, 01 Jul 2025 09:00:00 +0000 https://www.hmck.net/newsletter.php#3 https://www.hmck.net/newsletter.php#1 On July 4, 2025, President Trump signed into law the far-reaching legislation known as the One, Big, Beautiful Bill Act (OBBBA). The law extends and enhances many tax breaks from the earlier Tax Cuts and Jobs Act (TCJA), includes several of President Trump’s campaign promises, and eliminates some clean energy tax breaks. This article lists many of the highlights of the OBBBA for individuals and businesses. Tue, 01 Jul 2025 09:00:00 +0000 https://www.hmck.net/newsletter.php#1 https://www.hmck.net/newsletter.php#2 Businesses close for various reasons. Perhaps you’re ready to embark on a welcome change such as retirement or launching a new venture. Or maybe it just no longer makes financial sense to continue operating your current business. Whatever the reason, closing your business is a significant milestone, and part of wrapping things up means taking care of a few tax responsibilities. Tue, 01 Jul 2025 09:00:00 +0000 https://www.hmck.net/newsletter.php#2