Insights & Resources

1099 Filing Season: Are You Ready?
11/20/24 8:50 PM

1099 Filing Season: Are You Ready?

As the year winds down, the clock begins ticking for tax season—and 1099 filing is a key priority. For businesses that work with independent ...

Real Estate and Construction Tax Compliance
Prepare For The 2025 Social Security Wage Base Increase
11/20/24 8:50 PM

Prepare For The 2025 Social Security Wage Base Increase

As we look ahead to 2025, changes are on the horizon that may affect your business's payroll planning. The Social Security Administration has ...

Tax Compliance Accounting and Financial Operations
Is Your Company Protecting Employees' 401(k) Savings from Fraud?
11/20/24 8:50 PM

Is Your Company Protecting Employees' 401(k) Savings from Fraud?

A recent case involved a 401(k) plan participant who was defrauded of approximately $740,000 by overseas criminals. Unfortunately, fraud involving ...

Tax Planning Fraud and Forensic
How a 529 Plan Can Unlock Your Child's Education Fund
11/20/24 8:49 PM

How a 529 Plan Can Unlock Your Child's Education Fund

If you have a child or grandchild planning to attend college, you've likely heard about 529 plans—qualified tuition programs designed to help prepay ...

Tax Planning Estate and Succession Planning
Self-Employed? Here's How a Solo 401(k) Can Help Build Your Nest Egg
11/20/24 8:49 PM

Self-Employed? Here's How a Solo 401(k) Can Help Build Your Nest Egg

If you're self-employed or own a small business with no employees (other than your spouse), a solo 401(k) can be an excellent option for retirement ...

Tax Planning Tax Compliance
Are NIL Collectives Breaking IRS Rules? What You Need to Know
11/20/24 8:48 PM

Are NIL Collectives Breaking IRS Rules? What You Need to Know

In 2023, the IRS Chief Counsel released Memorandum AM 2023-004, which examined whether Name, Image, and Likeness (NIL) collectives, established to ...

Tax Planning Nonprofit Tax Compliance Guide
How Recent Election Results Could Impact Your Taxes
11/7/24 1:55 PM

How Recent Election Results Could Impact Your Taxes

The outcome of the November 5 election is likely to impact taxes significantly. Many provisions in President-elect Donald Trump’s signature tax ...

Tax Planning Tax Compliance
Reasons an LLC Might Be the Ideal Choice for Your Business
10/30/24 10:09 PM

Reasons an LLC Might Be the Ideal Choice for Your Business

Choosing the right business structure is a critical decision for any business owner. For many small and medium-sized businesses, a limited liability ...

Tax Planning Business Advisory Tax Compliance
Does Your Business Need to Report Employee Health Coverage?
10/30/24 10:08 PM

Does Your Business Need to Report Employee Health Coverage?

Offering employee health coverage is a major benefit for many companies, but with it comes a range of reporting requirements to federal agencies like ...

Tax Compliance Healthcare Guide