INSIGHTS

Thoughtful
thoughts from
the thinkers at
Larson Gross.

Debt-financed distributions for pass-throughs: how they work and when they make sense

When a pass-through business takes out a loan at the entity level and immediately distributes the borrowed funds to its owners, this is considered a debt-financed distribution. This maneuver provides owners with immediate liquidity without triggering a current tax bill, as long as they have sufficient tax basis to cover the distribution.

Claiming R&D Tax Credits in Architecture, Engineering & Construction: Risks and Rewards

R&D tax credits can help businesses in the AEC industry boost cashflow and fund innovation, but not all common activities are qualified.

Cost Segregation in Restaurants and Franchises: How to Maximize Your Tax Savings

Discover how cost segregation studies can help restaurant and franchise owners unlock significant tax savings, particularly under changes introduced by the One Big Beautiful Bill.

Maximizing Real Estate Tax Benefits: Bonus Depreciation vs. §179 Deduction Under the One Big Beautiful Bill

Explore real estate tax strategies with bonus depreciation and §179 updates under the One Big Beautiful Bill to maximize year-end deductions and savings.

Risk to resilience: How engineering firms can govern AI with confidence

Discover actionable AI governance strategies that help engineering firms reduce risk and build long-term resilience. Learn more.

Washington’s Expanding Sales Tax Rules: What Agribusinesses Need to Know

Washington’s passage of Senate Bill 5814 represents one of the most significant tax changes for the state’s agricultural sector in recent years. Beginning October 1, 2025, many activities and services long considered outside the retail sales tax base will now be taxable. While certain agricultural inputs remain exempt, the inclusion of labor services and technology-driven tools creates new financial and operational pressures for growers, packers, and related agribusinesses.

Amended guidance for measuring credit losses on short-term receivables

ASU 2025-05 provides a practical expedient for estimating expected credit losses on current accounts receivable and contract assets.

From Confusion to Clarity: Mastering Form 990-PF: A Guideline for Private Foundations

Unlock nonprofit success by mastering Form 990-PF. This comprehensive insight will help you tackle tax form complexities with ease and compliance.

What Farmers Need to Know About the One Big Beautiful Bill Act’s Impact on Agriculture

The “One Big Beautiful Bill Act” (OBBBA) is a big, all-in-one law that combines a lot of programs farmers rely on—things like price supports, insurance, and even tax breaks—into one package. It makes changes that could affect everything from what you grow and how you protect it, to how you plan for equipment purchases, land sales, or passing the farm to the next generation.

All About Timing: Evolving Depreciation Deductions and Tax Incentives in the Wake of OBBBA

The One Big Beautiful Bill Act introduces substantial updates to various tax provisions, many of which extend or reshape elements of the Tax Cuts and Jobs Act and open new considerations for asset depreciation and construction planning. These changes may require taxpayers to revisit their cost segregation strategies and building timelines to fully capitalize on the available tax incentives for energy-efficient buildings and accelerated depreciation.

Transitioning a Family Business to the Next Generation

Learn effective succession planning tactics tailored for private clients and high-net-worth families aiming to secure their family business' future.

The OBBBA rekindles opportunity zones: What it means for real estate

RSM explains how the Big Beautiful Bill reshapes opportunity zones with new incentives and reporting rules for real estate investors.

Maximizing Your Practice’s Future: What Dentists Need to Know About the One Big Beautiful Bill

Discover key tax changes for dentists under the OBBB, including expanded deductions, the SALT cap, and new planning strategies for 2025.

Three Trends That Will Fuel the Adoption of AI

AI has finally shifted from headline hype to practical help because three new tools remove the friction that kept it bottled up: the Model Context Protocol, autonomous AI agents, and AI-powered browsers. Here’s how they’re turning chatbots into true coworkers—and why your business should care.

No Tax on Tips and Overtime: What Trump’s OBBB Means for Hospitality, Retail, and Construction

Aprio Insights on the No Tax on Tips and Overtime: What Trump's OBBB Means for Hospitality, Retail, and Construction. Read the article.

The OBBBA Car Loan Tax Deduction

If you're shopping for a new car, there's a limited-time tax break that could save you thousands of dollars. However, there's a specific window of time, the rules are strict, and you must act strategically to make it work. Watch our video to learn more.
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