Year-End Tax Moves: It's Not Too Late!
As the end of the year draws near, savvy taxpayers look for ways to reduce their tax bills. This year, the sense of urgency is higher for many ...
What's Next? Tax Impacts of the 2024 Election
President-Elect Donald Trump will return to the White House in 2025, a year that already was expected to see significant activity on the federal tax ...
Behind the Audit: How Auditors Verify Balances and Transactions
Audit season is just around the corner for calendar-year entities. Understanding the types of source documents your audit team might request can ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...