Audit Risks for Pass-Through Entities

9 months ago

Pass-through entities (PTEs), including partnerships, S corporations, and certain LLCs, make up a large share of U.S. businesses. These structures…

Protecting Against Procurement Fraud

9 months ago

Procurement fraud is one of the most reported economic crimes, yet many businesses don’t realize they are at risk. Some…

How Tariffs Could Impact the Construction and Real Estate

9 months ago

New tariffs are pushing up the cost of key materials used in construction and real estate development. A 25% tariff…

How Pass-Through Entities Are Taxed

9 months ago

The majority of businesses in the United States (about 95%) are structured as pass-through entities. These companies do not pay…

New March 21st Deadline for BOI Reporting

10 months ago

The Corporate Transparency Act (CTA) passed in 2021 includes several provisions designed to prevent illegal activities such as money laundering…

New Tariffs Announced on Steel and Aluminum

10 months ago

The U.S. has announced new tariffs of 25% on all imported steel and aluminum, set to take effect on March…

Updates to the Voluntary Fiduciary Correction Program (VFCP)

10 months ago

The Voluntary Fiduciary Correction Program (VFCP) is overseen by the Employee Benefits Security Administration (EBSA) of the U.S. Department of…

Illinois Adopts New Sales Tax Rules for Leased Equipment

11 months ago

Starting January 1, 2025, Illinois changed how sales tax applies to leased tangible personal property (TPP). Instead of taxing the…

IRS Issues Proposed Rules for Roth Catch Up Contributions

11 months ago

Earlier this month, the IRS issued IR-2025-07 which contains proposed regulations impacting catch up contribution rules. Specifically, there is important…

Essential Changes to the Georgia Investment Tax Credit

11 months ago

The Georgia Investment Tax Credit is an incentive currently being offered by the state to provide opportunities for industrial and…