Knowledge Base
In addition to providing proactive accounting and tax advisory services to our clients, Evans Sternau CPA aims to educate.
Understanding Bonus Depreciation and Section 179: What Business Owners Need to Know in 2025
Business owners know that when it comes to reducing tax liability, timing is everything, especially when it involves asset purchases. Two of the most powerful tools for managing depreciation in a tax-efficient way are Bonus Depreciation and the Section 179 Expense Deduction.
Wealth Transfer Planning: All You Need To Know
Discover how to protect your wealth and family with smart transfer strategies that avoid taxes, courts, and costly mistakes
A Guide to Common Tax Deductions for Small Businesses
Running a business is tough enough — don’t let the IRS take more than it should. This guide reveals 17 tax deductions that could seriously boost your bottom line.
Passive Income vs Non Passive Income
Nearly 1 in 3 millennials earn passive income—but tax pitfalls abound. Here’s how to avoid IRS headaches and boost your financial savvy.
Understanding Trust Taxation: A Guide for Trustees and Beneficiaries
Trust taxation can be complex. Learn key filing rules, distribution impacts, and essential tips trustees and beneficiaries need to manage taxes wisely
Year End Tax Planning for Business Owners: What to Know
Year-end tax planning is crucial for small business owners – learn essential strategies to optimize taxes, improve cash flow, and avoid surprises
Fractional CFO Services: What They Are and How They Help
Fractional CFO Services: What They Are and How They Help Cut costs, gain insights—discover how fractional CFOs offer strategic financial expertise without the full-time price tag. Written by: Chris Sternau Date of publication: May 23, 2025 Updated: December 26, 2025 Table of Contents Many Small and Medium enterprises (SMEs) are
How 1031 Like Kind Exchange Rules Work: Key Insights and Benefits
Learn 1031 like kind exchanges rules to defer capital gains tax, meet IRS requirements, and maximize real estate investment opportunities.
Essential Tax Preparation Checklist for Small Business
Optimize your small business tax season with our essential checklist: organize docs, track expenses & deductions, and streamline filing for growth hassle-free.
