At My Accounting Now, we believe in empowering business owners with the knowledge and tools they need to thrive. Our blog serves as a resource hub, offering insights into critical aspects of business finance, from effective bookkeeping practices to strategic tax planning. By staying informed and proactive, business owners can avoid common pitfalls and leverage financial strategies to fuel their growth and success.
When most people think of Opportunity Zones, they imagine urban redevelopment. But the One, Big, Beautiful Bill Act (signed July 4, 2025) is shining a spotlight on rural communities, making it easier for investors to support growth and create jobs outside major cities.
For families considering adoption, recent changes under the One, Big, Beautiful Bill are making the process more financially achievable. If you finalized an adoption in 2025, or even began the process before then, you may qualify for an expanded Adoption Tax Credit.
Modern urban planning faces significant challenges: population growth, the need for affordable housing, the revitalization of deteriorated areas, and a commitment to environmental sustainability. In this context, tax incentives have become a key tool for promoting urban development projects that address these issues.
The rise of microtransactions and new forms of economic interaction on digital platforms, video games, social networks, metaverses, and apps has generated a vibrant but poorly regulated economy from a tax perspective. These small transactions (from pennies to a few dollars) generate billions in revenue for technology and entertainment companies, but raise questions: How are they taxed? Who should pay taxes? Is the user, the developer, or the platform taxed?