Congress passed the 2025 budget resolution, setting the stage for major tax reform, potential R&D expensing changes, and significant business impacts.
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IRS: Review Your Withholding Now for Next Year
The IRS urges taxpayers to review their withholding early in the year using its online estimator to avoid penalties, big refunds, or tax bills in 2026.
Tips for dealing with tariff-driven turbulence
Discover key strategies to reduce risk and manage costs amid evolving global tariffs, from financial planning to tax strategies and supplier shifts.
Cut Nonprofit Costs, Not Staff
Facing budget cuts? Discover 7 smart ways nonprofits can reduce expenses without layoffs—protect your team and mission with cost-saving strategies.
FinCen Reverses U.S. BOI Reporting Requirements
Important Update: U.S. businesses and persons are now exempt from BOI reporting (beneficial ownership information) filing requirements of the Corporate Transparency Act (CTA). After a...
2025 Employee Benefit Plan Updates
Stay informed on the latest 2025 employee benefit plan updates, including SECURE 2.0 changes, new audit standards, and updated contribution limits.
Avoid Tax Scams: IRS 2025 “Dirty Dozen”
The IRS’s 2025 Dirty Dozen warns taxpayers about the latest tax scams, from phishing to false credit claims. Stay informed to protect your finances.
2025 Tax Proposals
President Trump’s tax plan proposals include eliminating the estate tax, lifting the SALT cap, and cutting taxes on tips, overtime, and Social Security.
Federal Disaster Tax Relief
Federal Disaster Tax Relief: New Opportunities for Taxpayers The Federal Disaster Tax Relief Act introduces critical measures to ease the financial burden on individuals affected by...