Sponsoring a 401(k) plan provides meaningful value to employees, but it also requires employers to demonstrate each year that the…
Year-end planning looks different for 2025. The One Big Beautiful Bill Act (OBBBA), which passed earlier this year, expanded several…
Organizations don’t usually decide to outsource accounting because of one major issue. It’s almost always a collection of small, persistent…
The IRS and Treasury have issued the first round of guidance on Trump Accounts in Notice 2025-68. This offers the…
Roughly 6 million U.S. workers rely on tipped income, and more than 80 million earn hourly wages, many of whom…
As 2025 winds down, many businesses are taking time to review year-end tax strategies. Recent changes from the One Big…
Organizations across every sector are asked to provide financial statements at one point or another. A bank needs them for…
The Treasury Department and IRS are giving employers extra time to comply with new payroll reporting rules created under the…
The IRS has clarified how Form 1099-K reporting will work moving forward. In new guidance released October 23, 2025 (IR-2025-107…
Federal grants play a major role in how nonprofits serve the community. They fund programs in education, healthcare, research, housing,…