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Recent Articles
OBBBA Penalty Relief: IRS Notice 2025-62 Provides Transition Year for “No Tax on Tips and Overtime” Reporting
At a Glance IRS Notice 2025-62 provides temporary penalty relief for tax year 2025 under the One Big Beautiful Bill Act (OBBBA). The notice applies
What Does Your Exit Map Look Like?
Most business owners have never exited their businesses before. Just like taking a big trip to a new place requires good planning to truly enjoy
Securing Remote Sales: How Dealerships Can Outsmart Fraud
In recent years, dealerships have embraced phone and online sales to streamline transactions and expand their market—but this convenience has also opened the door to
IRS Notice 2025-57: What Credit Unions Need to Know About the New OBBBA Auto Loan Interest Deduction
At a Glance The IRS has released Notice 2025-57 and Information Release 2025-105, offering transitional guidance for the new auto loan interest deduction created under
One Big Beautiful Bill: Key Tax Changes for Credit Unions
At a Glance The One Big Beautiful Bill Act, signed into law on July 4, 2025, introduces several tax and regulatory changes directly affecting credit
Logic vs. Legacy in Exit Planning
When planning for your eventual business exit, achieving financial security is the most important goal. But what happens when the emotional side of planning an
Cybersecurity: Is Your Data Safe?
It’s no secret that incredible technological strides in banking have been made over the past decade. The benefits we experience with new technologies and the
Year End Tax Strategies & the New Tax Code: Charitable Giving
Many wealthier taxpayers no longer itemize their deductions and instead are taking the standard deduction for income tax purposes. For 2019 the standard deduction is
FASB Delays Effective Date for CECL
We have been closely following as the complex legislative journey of CECL unfolds. When the CECL method was initially introduced, the Financial Accounting Standards Board
2019 ARB Construction & Real Estate Workshop: Top Takeaways on Revenue Recognition
ARB held its 2019 Construction and Real Estate Workshop on October 24, 2019. “We had several changes affecting the construction and real estate industry to
The Approach of New Auditing Standards for Employee Benefit Plans
Employee benefit plan audits subject to ERISA are in for some changes ahead. In July 2019, the American Institute of Certified Public Accountants’ (AICPA) Accounting