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The IRS has released its inflation-adjusted tax figures for 2027, impacting a variety of tax provisions, including income tax brackets, standard deductions, tax credits, and estate tax exemptions. Taxpayers should
As year-end approaches, employers and payroll teams should review employer-provided group-term life insurance before finalizing payroll and Forms W-2. Under Internal Revenue Code Section 79, the first $50,000 of qualifying
As your non-profit prepares for year-end fundraising campaigns, your board members can play a valuable role in expanding your reach and strengthening donor relationships. Through personal introductions and meaningful conversations,
Year-end tax planning can help reduce your 2026 tax liability. Explore eight strategies, including tax-loss harvesting, Roth conversions, charitable giving, and retirement contributions. 1. Sell Losing Investments To Offset Capital
Whether it’s employee embezzlement, stolen equipment, missing inventory, forged checks, or payroll fraud, theft can have a significant financial impact on a business. While your first priority may be stopping
Family-owned businesses are a cornerstone of the U.S. economy, representing millions of companies across a wide range of industries. While these businesses often enjoy long histories, strong customer relationships, and
A well-organized chart of accounts (COA) is one of the most important tools for effective business accounting. It provides the framework for categorizing and tracking financial transactions, helping business owners
For families with significant wealth, lending money to children, grandchildren, or other relatives can provide financial support while helping preserve family assets. However, informal arrangements often create complications. Without clear
As operating costs continue to rise, many businesses are looking for ways to improve profitability without sacrificing quality or customer service. A thorough review of your revenue streams, pricing strategies,
An undisclosed conflict of interest, misleading fundraising claim, or misuse of restricted funds can create significant financial and reputational risks for a non-profit organization. A well-developed code of ethics establishes
Many business owners assume the pretax profit reported on their financial statements should equal their business’ taxable income. In reality, those figures often differ, sometimes significantly. Understanding the reasons behind
Creating an estate plan is one of the most important steps you can take to protect your assets, provide for your loved ones, and help your wishes be carried out.
Our CPAs and advisors are a great resource if you’re ready to learn even more.
