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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

Balanced Scorecards: How Important Are They?
Information is a powerful tool on its own, and it becomes exponentially more powerful in the hands of those who can wield it properly. A

Expanded State Economic Recovery Efforts: Two New Maine Grant Programs Available to Certain Businesses & Organizations
Two additional grant programs for businesses in Maine are now available, as part of the State’s continued economic recovery efforts: The Maine Tourism, Hospitality &

Succession Planning for Business Owners: Insights on Your Role and Your Company’s Transferable Value
In business, an inflection point is synonymous with a turning point, or a time of significant change. When these points occur, and throughout the life

FinCEN Clarification: BSA Due Diligence for Charities and Nonprofits
In an effort to provide clarity to credit unions on applying a risk-based approach to BSA due diligence for charities and nonprofit organizations, FinCEN, in

IRS Issues Final Regulations: UBIT and Calculating UBTI for Separate Unrelated Trades and Businesses
The IRS recently issued final regulations that provide exempt organizations subject to the unrelated business income tax (UBIT) with guidelines for determining whether their organization