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Tax Planning: C Corporation Owners May Face IRS Scrutiny
Originally published in On-Site, ARB’s Construction Industry newsletter. Construction is a high-risk industry. Many contractors convert their businesses to C corporations to avoid personal liability for

IRS Issues FAQs on Deduction for Qualified Overtime Compensation
UPDATE: The IRS recently expanded its guidance on the new overtime reporting requirements. Read our latest blog: 2026 W-2 Reporting Changes: Is Your Payroll Process

Exit Planning: Good Intentions, Empty Promises
As a business owner, your employees put added stock into the things you say, how you say them, and when you say them. This is

EBSA Removes ESOPs from Its National Enforcement Project List: What ESOP Companies Should Know
At a Glance The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has formally ended its National Enforcement Project targeting Employee Stock Ownership Plans

NCUA Releases 2026 Supervisory Priorities: Key Takeaways for Credit Union Leaders
At a Glance The NCUA’s 2026 Supervisory Priorities reaffirm the agency’s commitment to risk-based supervision while highlighting key areas of examination focus for the year

QPVLI Compliance Guide: Reporting Vehicle Loan Interest Under the OBBBA
At a Glance The new Qualified Passenger Vehicle Loan Interest (QPVLI) deduction creates meaningful tax benefits for individual borrowers, but it also introduces significant reporting

Defeating Boredom in Retirement
Many people have a romantic view of what retirement looks like. Beaches, cruises, road trips, sitting next to a pool with no responsibilities—in reality, many

CDK One Year Later: How Auto Dealerships Are Rebuilding and Preparing for the Future
In June 2024, a cyberattack on CDK Global disrupted dealership operations across the country. Offline dealership management systems (DMS) left thousands of businesses unable to

What’s in the Senate Version of the One Big Beautiful Bill?
On June 16, 2025, the Senate Finance Committee released its version of the “One Big Beautiful Bill,” a sprawling tax package that—like its House counterpart—proposes

Purchasing Fixed Assets? Make the Most of Depreciation Tax Breaks
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Manufacturing is a capital-intensive business. So, if you’re investing in equipment, plant improvements or other depreciable property,

IRS Moves Toward Mandatory Electronic Payments: What You Need to Know (UPDATED 9/24/2025)
Update (September 24, 2025): The IRS has announced that it will begin phasing out paper tax refund checks for individual taxpayers starting September 30, 2025,