https://spdouglas.com/ Take a look at our recent blog posts and client newsletter articles. en-us Fri, 01 Aug 2025 09:00:00 +0000 Fri, 01 Aug 2025 09:00:00 +0000 https://www.spdouglas.com/newsletter.php#3 When it comes to taxation, partners in a business may find the math a bit puzzling. You may discover that the amount of partnership income you’re taxed on is more than the amount that was distributed to you. That’s a quirk of taxation that lies in the way partnerships and partners are taxed. Fri, 01 Aug 2025 09:00:00 +0000 https://www.spdouglas.com/newsletter.php#3 https://www.spdouglas.com/newsletter.php#2 If your federal tax withholding isn’t enough to cover your total tax liability, you may need to make estimated tax payments. This typically applies if you have income from sources such as interest, dividends, capital gains or self-employment. The following rules explain how to make these payments without incurring an underpayment penalty. Fri, 01 Aug 2025 09:00:00 +0000 https://www.spdouglas.com/newsletter.php#2 https://www.spdouglas.com/newsletter.php#1 If you’ve been pondering the purchase of a new or used electric vehicle for yourself or your business, you may want to buy sooner rather than later to take advantage of available tax credits. Under the One, Big, Beautiful Bill Act (OBBBA), these credits won’t be available for purchases made after September. Fri, 01 Aug 2025 09:00:00 +0000 https://www.spdouglas.com/newsletter.php#1