Divorce is stressful, and for business owners, the tax stakes are even higher. Learn how to avoid costly surprises when dividing your business ownership interest.
Read More
Familiarize yourself with the duties of an executor before accepting the position at the request of a family member or friend.
Read More
With limited time and money, how can your nonprofit find an auditor that’s independent in both fact and appearance?
Read More
Tired of sending a chunk of your income to Uncle Sam? Switching your unincorporated business to an S corporation could result in more money in your pocket.
Read More
Before you use AI tools to whip up a batch of grant proposals, read this. Nonprofits still need to understand the fundamentals of grant applications and carefully edit and customize any AI-generated content.
Read More
Do you make estimated tax payments? When is the next one due and did the One Big Beautiful Bill Act affect the amount you owe? Here are some answers.
Read More
Buying a new car? You may have heard there’s “no tax on car loan interest” anymore. That’s not exactly accurate. Here are the rules.
Read More
Payable-on-death (POD) and transfer-on-death (TOD) accounts can be simple, inexpensive tools for leaving assets to your heirs outside of probate. But are they right for all estates?
Read More
Launching or restructuring a business? Your choice of entity could make or break your tax strategy. Here’s a quick rundown of five entity types and their tax implications.
Read More
Board-designated assets generally are intended for special purposes or projects. But if you’re in a financial crunch, you can remove their designation and free up the funds. Here’s what you need to know.
Read More
Thinking about buying an electric vehicle, installing solar panels or replacing some windows or doors? Act now if you want to claim tax breaks because they’re expiring soon.
Read More
Starting next year, the federal government is finally updating a burdensome business tax filing requirement that’s been around since the 1950s! Here’s what will change when paying independent contractors.
Read More
Endowments can help nonprofits navigate unexpected financial obstacles. But before you tap this resource, make sure you have a reasonable endowment spending policy in place.
Read More
Don’t assume you’re exempt from the alternative minimum tax. The One, Big, Beautiful Bill Act increases the odds for some taxpayers, thanks to unfavorable changes that will take effect in 2026.
Read More
Big changes ahead! The federal government will soon stop issuing paper tax refund and Social Security checks. Here’s what you need to know.
Read More
The QBI deduction remains one of the most valuable tax breaks for eligible business owners. Here’s a look at the tax break and how it changes under the One, Big, Beautiful Bill Act.
Read More
If you or your business is planning on taking advantage of certain clean energy tax incentives, you’ll need to act much sooner than you anticipated.
Read More
New tax legislation contains both good news and bad news for nonprofits. We highlight several OBBBA provisions that may affect your organization.
Read More
An estate planning “road map” can act as a catchall for your final thoughts. Write them down in a letter of instruction.
Read More
The sooner you start planning for the changes in the One, Big, Beautiful Bill Act, the better positioned you’ll be. Here are some of the new provisions affecting families.
Read More