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NIL Income and Taxes: What College Athletes and Families Need to Know
At a Glance The NCAA’s Name, Image, and Likeness (NIL) program has transformed college athletics, allowing student-athletes to earn money through sponsorships, appearances, and more.

Building Business Value Via Your Employees
Your employees can be a huge differentiator in terms of building your business’s value. However, it’s important for you to understand how to properly motivate

State Conformity to OBBBA Tax Provisions: What Businesses and Taxpayers in Maine, Massachusetts, and New Hampshire Need to Know
At a Glance The One Big Beautiful Bill Act (OBBBA) significantly changes federal tax rules beginning in 2025, but Maine, Massachusetts, and New Hampshire vary

How a Strong Month-End Close Drives Dealership Financial Success
Running an auto dealership means coordinating several interconnected departments—sales, parts, service, and financing—all moving at high speed. Without a solid month-end close, it’s easy for

IRS Issues Guidance for Employees on Calculating 2025 Deductions for Tips and Overtime
At a Glance The IRS has issued Notice 2025-69, giving employees clear instructions on how to calculate their 2025 deductions for qualified tips and qualified

Divorce and Taxes – What Every Taxpayer Should Know Before Signing the Papers
At a Glance Divorce affects more than your personal life—it also reshapes your tax picture. Filing status, support payments, property transfers, and retirement accounts each

Three Key Nonprofit Tax Compliance Challenges to Avoid
Tax compliance is a prerequisite for a nonprofit’s future success. Running afoul of the IRS can cause a nonprofit organization to lose its tax-exempt status,

Headlights: NADA Show
Download the PDF Refresher on Fixed Operations Success Over the last couple of years, dealerships have generally experienced record sales and volume growth. Today, there

Headlights: Winter 2023
Download the PDF Dealership Real Estate and “Blue Sky” We are routinely asked to assist clients evaluating potential dealership transactions. Among the first two questions

Headlights: Spring/Summer 2023
Download the PDF Parts Inventory Management Best Practices The parts department affects every other department in the dealership. By adhering to industry “best practices” regarding

Tax Impact on Businesses Investing in R&D May Force Change to Section 174
The tax code has long recognized that incentivizing research and development is a critical component of a strong and competitive economy. For nearly 70 years,