Insights & Resources

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
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
Year-End Tax Moves to Save Your Small Business Money
9/25/24 12:19 PM

Year-End Tax Moves to Save Your Small Business Money

With Labor Day behind us, it's time to take proactive steps that may help reduce your small business's taxes for this year and next. A common ...

Tax Planning Tax Compliance
FinCEN's New Reporting Rules: Is Your Business Ready?
9/25/24 12:18 PM

FinCEN's New Reporting Rules: Is Your Business Ready?

With the deadline for the Corporate Transparency Act (CTA) fast approaching, the Financial Crimes Enforcement Network (FinCEN) continues to clarify ...

Fraud and Forensic Tax Compliance
NIL Rule Changes: Tax Impacts for Schools Explained
9/25/24 12:18 PM

NIL Rule Changes: Tax Impacts for Schools Explained

The college athletics landscape is undergoing a significant transformation, particularly with introducing Name, Image, and Likeness (NIL) ...

Tax Planning Nonprofit Tax Compliance