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 ...
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 ...
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 ...
Understanding the $7,500 Tax Credit for Buying an Electric Vehicle
Electric vehicles (EVs) are becoming more popular, with their share of the U.S. vehicle market rising from 5.9% in 2022 to 7.6% in 2023, according to ...
Help Ensure Your Partnership or LLC Complies with Tax Law
Whether you're structuring a new partnership or updating an existing LLC operating agreement, understanding the tax implications of your decisions is ...
IRS Releases Tax Inflation Adjustments for Tax Year 2025
The IRS has announced the annual inflation adjustments for tax year 2025, as outlined in Revenue Procedure 2024-40. These adjustments will impact ...