RTB Capital Group

Drip, drip, drip. That may be the sound of your business’s retirement savings plan “leakage.” Leakage refers to pre-retirement withdrawals made by plan participants (your employees). When a plan’s total assets and individual account sizes shrink, it tends to hurt administrative efficiency and raise costs. It could also indicate that your workers are experiencing financial difficulties, which can reduce productivity. Contact us at (877) 317-1105 to discuss possible solutions.

To make confident business decisions, you need a clear view of your cash position. The statement of cash flows reveals how money moves in and out of your business. It’s usually organized into three sections: 1) Cash flows from operations reflect day-to-day activity. 2) Cash flows from financing activities show how you use debt and equity to fund growth. 3) Cash flows from investing activities capture how you’re building for the future. Together, they tell the real story behind your numbers. We can help you interpret trends, spot risks and manage cash flow to strengthen your business strategy. Call us at (877) 317-1105 to learn more.

Attention, small business owners: As you wrap up your 2025 tax filings and begin planning for 2026, remember that many previously temporary tax law provisions are now permanent. And new opportunities may be available to help reduce your tax burden. If you’re ready to take a smart, strategic approach to the year ahead, we’re here to guide you. Contact us at (877) 317-1105.

Legislation in 2025 made 100% bonus depreciation permanent for businesses that purchase and place into service qualified new or used property after Jan. 19, 2025. However, when you file your 2025 income tax return, you can choose to use the old 40% bonus depreciation rate. Why would you do this? You may want to save more tax in 2025 than you would following normal depreciation but preserve some deductions for the future. For example, if you anticipate being in a higher tax bracket in 2026, deductions will be more valuable. Another reason is to prevent large net operating losses, which 100% bonus depreciation can create. Call us at (877) 317-1105 for help determining which tax breaks will be most beneficial to claim on your 2025 return and which ones might make sense to forgo.

If you expect to owe tax when you file your return and don’t think you’ll be able to pay the entire amount due, it may be tempting to put off filing. But remember, filing for an extension doesn’t extend your payment deadline. So consider filing on time and paying what you can. If you pay at least part of what you owe on time, you can reduce the interest and late payment penalty you’ll owe because your unpaid balance after the April 15 deadline will be lower. Then set up a payment plan with the IRS. Both short-term and long-term plans are available. Contact us at (877) 317-1105 to get your return filed on time.