Understanding Fraud, Waste and Abuse for Not-for-Profits
Fraud, waste, and abuse can severely impact not-for-profit organizations' financial health and reputation. Understanding and mitigating these risks ...
What Might Be Ahead as Many Tax Provisions Are Scheduled to Expire?
As we approach the end of the year, it's essential to be aware of the numerous tax provisions set to expire. These changes could significantly impact ...
Should You Convert Your Business from a C to an S Corporation?
Choosing the right business entity has many implications, including the amount of your tax bill. The most common business structures are sole ...
Tax Advantages of Including Debt in a C Corporation Capital Structure
Let’s say you plan to use a C corporation to operate a newly acquired business, or you have an existing C corporation that needs more capital. You ...
How Renting Out a Vacation Property Will Affect Your Taxes
Are you dreaming of buying a vacation beach home, lakefront cottage or ski chalet? Perhaps you’re fortunate enough to already own one. In either ...
Update on Retirement Account Minimum Distributions
If you have a tax-favored retirement account, including a traditional IRA, you’ll become exposed to the federal income tax-required minimum ...
IRS Issues Guidance on Tax Treatment of Energy Rebates
The Inflation Reduction Act (IRA) established and expanded numerous incentives to encourage taxpayers to increase their use of renewable energy and ...
Maximize the QBI Deduction Before It's Gone
The qualified business income (QBI) deduction is available to eligible businesses through 2025. After that, it’s scheduled to disappear. So, if ...
5 Common Mistakes in Estate Planning and How to Avoid Them
Putting together an estate plan is one of the most significant actions you can take for yourself and your loved ones. It’s also one of the most ...