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All of today’s top news stories from gbacpa.com. Get the full analysis behind how media bias impacts breaking news. Ground News has come across 9 headlines reported on by gbacpa.com during the past 3 months.

gbacpa.com’s aggregated media bias check is . Ground News is unable to assign a bias rating and does not have ratings available from Ad Fontes Media, All Sides, and Media Bias/Fact Check. If you want to know if gbacpa.com is credible or reliable, look no further. We rank gbacpa.com as Unknown factuality. Find out more about our methodology here.

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Top gbacpa.com News

Choosing the right sales compensation model for your business

Choosing the right sales compensation model for your business

A strong sales team is the driving force of most small to midsize businesses. Strong revenue streams are hard to come by without skilled and engaged salespeople. But what motivates these valued employees? First and foremost, equitable and enticing compensation. And therein lies a challenge for many companies: Choosing the right sales compensation model isn’t easy and may call for regular reevaluation. Let’s review some of the most popular models…See the Story

Ways to manage the limit on the business interest expense deduction

United States · United States

Ways to manage the limit on the business interest expense deduction

Prior to the enactment of the Tax Cuts and Jobs Act (TCJA), businesses were able to claim a tax deduction for most business-related interest expense. The TCJA created Section 163(j), which generally limits deductions of business interest, with certain exceptions. If your business has significant interest expense, it’s important to understand the impact of the deduction limit on your tax bill. The good news is there may be ways to soften the tax …See the Story

Home Office Deduction: How It Works, Who Can Take It - NerdWallet

Home Office · United States

Home Office Deduction: How It Works, Who Can Take It - NerdWallet

If you run a small business out of your home, you might be eligible for some big savings through the home office deduction this year.See the Story

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Do you have an excess business loss?

Taxes · United States

Do you have an excess business loss?

If an individual taxpayer has substantial business losses, unfavorable federal income tax rules can potentially come into play. Here’s what you need to know as you assess your 2024 tax situation.Disallowance ruleThe tax rules can get complicated if your business or rental activity throws off a tax loss — and many do during the early years. First, the passive activity loss (PAL) rules may apply if you aren’t very involved in the business or if it…See the Story

On developing an effective IT modernization strategy

United States · United States

On developing an effective IT modernization strategy

Information technology (IT) is constantly evolving. As the owner of a small to midsize business, you’ve probably been told this so often that you’re tired of hearing it. Yet technology’s ceaseless march into the future continues and, apparently, many companies aren’t so sure they can keep up. In October of last year, IT infrastructure services provider Kyndryl released its 2024 Kyndryl Readiness Report. It disclosed the results of a survey of 3,…See the Story

Trump Will Seek to End Carried Interest, Expand SALT in Tax Bill

Trump Will Seek to End Carried Interest, Expand SALT in Tax Bill

US Economy · United States

Trump Will Seek to End Carried Interest, Expand SALT in Tax Bill

72% Right coverage: 25 sources

President Donald Trump outlined his tax priorities in a meeting with Republican lawmakers, including ending the carried interest tax break used by private equity fund managers and expanding the state and local tax deduction.See the Story

The standard business mileage rate increased in 2025

Auto · United States

The standard business mileage rate increased in 2025

The nationwide price of gas is slightly higher than it was a year ago and the 2025 optional standard mileage rate used to calculate the deductible cost of operating an automobile for business has also gone up. The IRS recently announced that the 2025 cents-per-mile rate for the business use of a car, van, pickup or panel truck is 70 cents. In 2024, the business cents-per-mile rate was 67 cents per mile. This rate applies to gasoline and diesel-p…See the Story

Fewer than 1 in 5 US companies have a pay transparency strategy

United States · United States

Fewer than 1 in 5 US companies have a pay transparency strategy

100% Center coverage: 1 sources

“The data highlights a disconnect between the importance employers say they place on advancing these strategies, and how much progress has been made,” Mercer’s global rewards solution leader said.See the Story

How companies can better control IT costs

How companies can better control IT costs

Most small to midsize businesses today are constantly under pressure to upgrade their information technology (IT). Whether it’s new software, a better way to use the cloud or a means to strengthen cybersecurity, there’s always something to spend more money on. If your company keeps blowing its IT budget, rest assured — you’re not alone. The good news is that you and your leadership team may be able to control these costs better through various p…See the Story