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Recent Articles
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
Safeguards Rule – Updates for Credit Unions & Auto Dealers
As the turn of the year settles, financial institutions should revisit their information security obligations under the Gramm-Leach-Bliley Act Safeguards Rule (Safeguards Rule). The Federal
Using Inventory Cost Management to Improve Profitability
For manufacturers, inventory cost management plays an integral role in successfully maintaining a business strategy that fosters financial growth. When you have an effective overall
Are Electric Vehicle Credits Part of Your Sales Strategy?
The Qualified Plug-in Electric Drive Motor Vehicle Credit (Electric Vehicle Credit) is a nonrefundable tax credit available for eligible taxpayers to claim up to $7,500
Prepare for 2022 Nonprofit Financial Statement Engagement
For nonprofits, the New Year is ushering in new hope. Organizations are learning to adapt to meet the challenges of the pandemic, and the upward
Mastering the Art & Science of Credit Union Compliance
For credit unions, maintaining compliance with authoritative guidance and regulatory requirements has become both an art and a science. Sure, most rules and regulations are