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Reporting Fair Market Value and Revenue for Nonprofits
Understanding the reporting requirements for nonprofits on Form 990 is crucial, especially regarding the fair market value (FMV) of non-cash prizes and goods or services at fundraising events.

Update on the 2025 and 2024 Compliance Supplements
The OMB released a draft of the 2025 Compliance Supplement in August 2025, but auditors cannot finalize Single Audit reports for fiscal years ending June 30, 2025, or later until the final version is issued, as clarified by the American Institute of CPAs (AICPA).

Final regulations released on increased catch-up contributions under SECURE 2.0
The latest IRS final regulations under the SECURE 2.0 Act increase catch-up contribution limits for individuals aged 60 to 63 and require Roth contributions for higher-income earners. Explore how these rules may change your retirement strategies.

Preparing for the end of federal paper checks
Executive Order 14247 directs federal agencies to phase out paper checks for refunds, benefits, and contracts. Here’s who’s affected and how to prepare.

Critical updates on energy credits
This article covers several upcoming deadlines for anyone planning energy-efficient upgrades or investments.

You’ve filed an S election – now what? A practical compliance checklist for new S corps
Making the jump to S-corporation status probably wasn't an impulse decision. However, the S election is more than just a single signature on Form 2553; it introduces a new set of rules. Here's what you need to know.

The Implication of the New Tax Law on Charitable Donations: A Guide for the Fiscal Year 2025
Are you aware of how the new tax law affects your charitable donations?

Beware for Incorrect CP59 Notices for 2024 Extended Tax Returns
Understand what to do if a taxpayer receives a CP59 notice.

Key Tax Strategies for Real Estate Investors
Guidance into the complex world of real estate, and learn effective strategies to maximize your investment returns in this informative article.

Understanding Safe Harbor 401(k) Plans
Navigating the complexities of 401(k) plans can be daunting for small and midsize businesses. Discover how the safe harbor 401(k) offers a simplified solution by easing administrative burdens while fostering employee financial well-being.

Tax Insights into the One Big Beautiful Bill Act
The One Big Beautiful Bill Act overhauls the tax code, locking in many 2017 cuts and unveiling new relief for workers, families, and businesses. Keep reading for an overview of new rules, extensions or enhancements of existing provisions.

Max Out Your Retirement Savings: A Deep Dive into Cash Balance Plans
Curious about cash balance retirement plans? These plans can offer much higher contribution limits and potential tax advantages, but they also come with more complexity and commitment.
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