The C Corp Conversion Rush: How Section 351 Tax-Free Transfers and Enhanced QSBS Benefits Are Driving Business Entity Transformations
Why business owners are restructuring now to capture up to $15 million in tax-free gainsJessica I. Marschall, CPA – October 2, 2025 Part I: Why the Rush to C Corporation Status? The QSBS Advantage Under OBBBA The One Big Beautiful Bill Act (OBBBA), enacted on July 4, 2025, dramatically reshaped the landscape for Qualified Small […]
Read MoreIn Conversation with Susan Spears: Energizing the Fredericksburg Region
Jessica I. Marschall, CPA October 1st, 2025 This morning, I had the privilege of sitting down with Susan Spears, CEO of the Fredericksburg Regional Chamber of Commerce, for what was slated to be a podcast interview but turned into a rich, wide-ranging conversation that could easily have stretched on for eight hours. Susan is nothing […]
Read MoreIgniting the Future of Accounting: VSCPA’s Annual Conference and the Path for Aspiring CPAs
Jessica I. Marschall, CPA, September 30th, 2025 Each fall, Virginia’s accounting community converges for an event that both celebrates the profession and charts its future. This year’s 55th Annual Virginia Accounting & Auditing Conference, held at the Hotel Roanoke & Conference Center in Roanoke, offers practitioners and students alike a unique window into emerging trends […]
Read MorePreferred Returns vs. Guaranteed Payments: Why Drafting Your Operating Agreement Correctly Matters
Jessica I. Marschall, CPA September 24th, 2025 When raising capital through an LLC or partnership, it is common for investors to negotiate a “preferred return.” For example, a 15 percent annual rate on contributed capital, plus the potential for additional upside. The hidden risk is that if not structured properly, that preferred return could be […]
Read MoreThe Pyramid’s Long Shadow: How MLMs Devastate Working-Class Women While Others Profit
Jessica I. Marschall, CPA, ISA AM September 13th, 2025 Author’s Note As a 49-year-old mother of five children ranging from 16 to 25, I have spent the last 26 years watching MLMs devastate families in my community while building my career helping small businesses and startups achieve genuine, sustainable financial success. I know firsthand the […]
Read MoreHealthcare Tax Policy at a Crossroads: Navigating Premium Increases, Coverage Losses, and Legislative Remedies
By Jessica Irving Marschall, CPA, ISA AMSeptember 5, 2025 Executive Summary The American healthcare landscape faces unprecedented challenges as premium costs surge, Medicaid coverage contracts, and legislative proposals struggle to address mounting inequities in the tax system. Recent data reveals a troubling paradox: while health insurance premiums are projected to increase by 15% in 2026, […]
Read MoreReal Estate Provisions of the One Big Beautiful Bill Act: What Developers, Investors, and Owners Need to Know
Jessica I. Marschall, CPA, ISA AM August 30th, 2025 The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025 as Public Law 119-21, represents the most comprehensive tax overhaul for the real estate industry since the Tax Cuts and Jobs Act of 2017. This legislation permanently extends key TCJA provisions while […]
Read MoreOBBBA 2025: Expensing Software Development Costs Under New Section 174A—Still Consider Amortization?
By Jessica I. Marschall, CPA, ISA AM The One Big Beautiful Bill Act (OBBBA) enacted significant changes to the treatment of research and development (R&D) expenditures, including software development. For tax years beginning after December 31, 2024, domestic software development costs that qualify as R&D may be immediately expensed rather than capitalized. This represents a […]
Read MoreOBBBA: What the Latest Guidance Means for Individuals, Businesses, and Payroll in 2025–2026
Jessica I. Marschall, CPA, ISA AM August 13th, 2025 Executive summary. Treasury and the IRS have started to roll out operational guidance for the One Big Beautiful Bill Act (OBBBA). For Tax Year 2025, the government is not changing individual information returns or federal withholding tables; most practical form changes are being pushed to 2026. […]
Read MoreTaxpayer Assistance at a Breaking Point: My Experience on the IRS Practitioner Line
By Jessica I. Marschall, CPA, ISA AMJuly 23, 2025 Calling the IRS Practitioner Priority Service (PPS) has become a test of stamina, timing, and luck. As a CPA with over two decades of experience, I have come to expect some inefficiencies during peak tax seasons. But what we are facing now is not seasonal backlog. […]
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