News & Insights

Planning guide for this 2026 tax season

Planning guide for this 2026 tax season

With just a little preparation, you can avoid surprises, minimize your tax bill, and make the entire process smoother for both you and your advisor. Here's how to stay ahead this 2026 tax season.
Your Guide to 1099s for the 2025 Tax Year

Your Guide to 1099s for the 2025 Tax Year

Businesses must prepare 1099s for contractors and vendors by February 2, 2026. Understanding which forms to use and getting organized now can help you stay on track and avoid costly IRS penalties.
Reporting Fair Market Value and Revenue for Nonprofits

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

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

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

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.
You’ve filed an S election – now what? A practical compliance checklist for new S corps

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

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?
Key Tax Strategies for Real Estate Investors

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

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.
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