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Secure 2.0 Act of 2022 Introduces Key Changes for Workplace Retirement Plans
The Consolidated Appropriations Act, 2023 (Public Law No. 117-328) that was signed into law on December 29, 2022 by President Joe Biden...
16 min read
Accounting Difficulties Facing Government Contractors
Accounting Difficulties Facing Government Contractors Navigating the financial and accounting landscape can be daunting. Government...
3 min read
6 Steps to Becoming Sales and Use Tax Compliant
Most U.S. states require businesses to collect and remit sales and use taxes even if the business has no in-state physical presence, only...
3 min read
Board Oversight of Cybersecurity
The board’s role in the oversight of organizational risk is increasingly complicated by cybersecurity concerns. Cybersecurity risk is...
5 min read
Interest Rates and Retirement Contribution Limits Increase for 2023
The IRS recently released information about 2023 increases that may affect taxpayers. When planning for 2023, there are several things to...
2 min read
ERC Updates
The employee retention credit (ERC) has been one of the most beneficial forms of pandemic relief for the restaurant industry. However,...
4 min read
Prepare for tax season by reviewing credits and deductions now
It’s never too early to prepare for a smooth tax filing process. Tax credits and deductions can have a significant effect on tax...
2 min read
Launching A Strong Year-End Fundraising Campaign Amid Economic Uncertainty
Economic volatility is threatening many nonprofits’ financial outlook. Some may be experiencing poor returns on investments, while others...
3 min read
IRS Warns Employers to be Cautious of Schemes and Solicitations Promising ERC Help
The IRS on October 19 issued IR-2022-183, warning employers to be wary of promotions for the employee retention credit (ERC) that sound...
3 min read
How Technology & Culture Support Sustainability
Embracing technology, outsourcing key operations to specialists and improving organizational culture can all be a part of a nonprofit’s...
3 min read
Navigating Financial Headwinds, Recession or Not
One of the goals of the CFO is to make sure the company always has adequate cash to operate. To accomplish this task, the CFO typically...
5 min read
Cybersecurity Best Practices for Your Organization
According to a study by N-able, managed service providers (MSPs) report that 82% of their customers have seen an increase in attempted...
7 min read
2022 Year-End Tax Planning for Businesses
U.S. businesses are facing pressure to drive revenue, manage costs and increase shareholder value, all while surrounded by economic and...
24 min read
2022 Year-End Tax Planning for Individuals
With rising interest rates, inflation and continuing market volatility, tax planning is as essential as ever for taxpayers looking to...
8 min read
High Inflation May Affect Your Taxes Next Year
The Internal Revenue Service (IRS) recently announced next year’s inflation adjustments, which are higher than average due to increased...
2 min read
Accounting Changes and Error Corrections
The financial markets depend on high quality financial reporting. A fundamental pillar of high quality public financial reporting is...
15 min read
4 Levers for Building Resilience
To expand or contract a business as market conditions change requires flexibility, agility and foresight. For companies who want to be...
2 min read
Tax Planning Tips for High-Net-Worth Individuals
Proper planning is crucial for all taxpayers, but effective tax planning and strategy is a necessity when it comes to high-net-worth...
3 min read
State Income Tax Apportionment: How Much of Your Business’s Income is Subject to State Tax?
Businesses operating across state lines must determine the amount of their income that is subject to tax in each state. Generally, this...
4 min read
When Interest Rates Rise, Optimizing Tax Accounting Methods Can Drive Cash Savings
U.S. businesses have been hit by the perfect storm. As the pandemic continues to disrupt supply chains and plague much of the global...
5 min read
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