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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

The Augusta Rule and ROBS Transactions: Strategic Tax Benefits for Business Owners
As the Masters Tournament approaches, it presents an opportune time to revisit the Augusta Rule (IRC §280A), a tax provision that can provide substantial benefits

IRS Updates ERC Income Tax and Timing Considerations
On Thursday, March 20, the Internal Revenue Service (IRS) updated its Frequently Asked Questions (FAQs) regarding the Employee Retention Credit (ERC) to add three questions

BOI: The Latest Information on Filing Requirements (Updated 3/21/25)
Update as of March 21, 2025 On March 21, 2025, FinCEN issued an interim final rule eliminating the requirement for U.S. companies and individuals to

Tax and Policy Changes – What Lies Ahead for Auto Dealers
President Trump’s reelection campaign leaned heavily on being pro-business on tax and policy reform. However, predicting what actual changes will come from the new administration

Understanding Nexus: How Multi-State Tax Obligations May Impact Your Business
As a business owner, managing income, franchise, sales, and use taxes is a routine part of operations. However, as your business expands its operations across