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Recent Articles
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
Owning Change: Continuity Planning for Businesses in Ownership Transitions
Ownership changes are critical moments in the life of any business. Whether due to the untimely death of an owner, the departure of a sole
Protecting the Financial Well-being of Your Automotive Dealership
For many dealers, it’s been several years since they’ve had to actively manage the financial health of their dealerships. Grosses were at historical highs, demand
Credit Union Alert: FinCEN Proposes Rule to Strengthen AML/CFT Regulations
The Financial Crimes Enforcement Network (FinCEN) recently announced a proposed rule aimed at enhancing and modernizing Anti-Money Laundering (AML) and Countering the Financing of Terrorism
Fueling Innovation: Maine’s Strategic Support for Manufacturing Businesses
Maine’s manufacturing sector is receiving a significant boost through a series of strategic initiatives and grants aimed at promoting Maine-made products and supporting manufacturers in
The Tax Relief for American Families and Workers Act of 2024 – Updated 8/1
Update August 1, 2024 On Thursday, August 1, the Senate failed to pass the Tax Bill, which required 60 votes but only received 48 in