Part of our job as advisors is explaining important issues in the simplest possible terms and laying out possible strategies and solutions. We’re not looking to confuse you—we’re here to enlighten you and expand your understanding. Bookmark this page or subscribe to our weekly newsletter for a steady stream of helpful articles.
Employers have faced shifting federal overtime rules in recent years, but on May 14, 2026, the U.S. Department of Labor’s (DOL) Wage & Hour Division restored the 2019 overtime framework
In financial reporting, U.S. Generally Accepted Accounting Principles (GAAP) is widely perceived as the “gold standard.” For example, public companies are required to issue GAAP financial statements and a recent
For those with estates large enough that gift and estate taxes are a concern, grantor retained annuity trusts (GRAT) can be valuable estate planning tools. A GRAT allows you to
For organizations that have served their communities for many years, non-profit mission drift often happens gradually. Organizations often adapt their programs and services to stay relevant as a community needs
It’s common knowledge that you can make pre-tax contributions up to the annual elective deferral limit to a traditional, tax deferred account or after-tax contributions to a Roth account if
Many businesses rely on intangible assets like goodwill, trademarks, and customer lists. However, its important to consider that the IRS doesn’t treat all intangibles the same way when taxing. These
Some industries suffer higher fraud losses than others, according to research by the Association of Certified Fraud Examiners (ACFE). ACFE found in their Occupational Fraud 2026: A Report to the
An employer-sponsored retirement plan is often a major investment for many organizations. However, if employees don’t fully understand how the plan works or how it fits into their long-term goals,
For many small and midsize businesses, persistent inflation, elevated interest rates, and volatile energy costs continue to tighten profit margins. Price increases, however, are not always the right answer or
The assumption that estate plans are only for those who are older or have substantial wealth is commonly made by many parents. But, once your child turns 18, things can
You might be considering alternative investments as a way for your non-profit to strengthen its long-term financial performance. Alternative investments can help provide higher returns than traditional investments and boost
The U.S. Small Business Administration (SBA) has a few different loan programs that can be very helpful when looking for financing to start or grow a small business. The application
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