News & Insights
Insight: The Top 5 Reasons You Should Be Using Tax Caddy
TaxCaddy is a software program designed to make gathering tax documents and sharing them with your tax professional a breeze. But why take our word for it? Here are the top 5 reasons YOU should be using…
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Insight: Smart Strategies for Family Business Finance
At Haefele Flanagan, we’ve worked alongside family businesses for decades and we know that running one takes more than hard work and good intentions. It takes planning, clarity, and the confidence that…
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Three Smart Year-End Giving Moves to Keep your Tax Benefit
With major tax changes in play from the One Big Beautiful Bill Act (OBBBA), now is the time to review year-end charitable planning. Certain OBBBA provisions take effect in 2026 and could reduce the tax…
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100% Bonus Depreciation on Production Property
A recent change from the One Big Beautiful Bill Act (OBBBA) brings big news for business owners involved in manufacturing or production. A new category, “qualified production property”, is now eligible…
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Year-End Tax and Financial Planning for Individuals
As year-end approaches, now is the ideal time to review your financial picture and take steps to capture available tax savings. With new tax legislation, economic shifts, and evolving personal circumstances…
Continue ReadingYear-End Tax and Financial Planning for Small Businesses
As we approach the end of the year, it’s a great time to take stock of your financial health and ensure your tax strategies are working for you. This year has brought unique challenges and opportunities…
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Insight: Why the Financial and Operational Health of a Family-Owned Business is Critical
Family-owned businesses are a cornerstone of the global economy, representing about 90% of all businesses worldwide, according to the Family Firm Institute. Yet despite their strong presence, many don’t…
Continue ReadingTransition Options for Your Family Business
For many family-business owners, the question “What happens next?” looms large as retirement, health, or changing priorities enter the picture. Choosing among selling, merging, or passing the business…
Continue ReadingIRS Announces New Tax Brackets under OBBBA
The IRS has released its official 2026 inflation adjustments, outlining new tax brackets, standard deduction increases, and several important updates that will affect both individuals and businesses.These…
Continue ReadingInsight: Blending Family and Non-Family in Business
Family businesses make up a significant portion of the global economy for good reason, they often carry deep traditions, a strong sense of purpose, and long-term commitment that can span generations. But…
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