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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
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
CECL’s Legislative Journey and How Credit Unions Can Prepare
Current Expected Credit Loss (CECL) CECL is an Accounting Standards Update (ASU) introduced by the Financial Accounting Standards Board (FASB) in June 2016. The ASU
DOL Announced Final Rule on Overtime
Which employees of your business qualify for time and a half? It’s time to reevaluate that question, namely at the executive, administrative, and professional levels.
Exit Planning for Closely Held Businesses: Where Do You Begin?
Closely held businesses come with their own brand of benefits and challenges. Since there are generally only a few stockholders, often family members, owners are
Lease Accounting for Manufacturing Companies
In 2016, the Financial Accounting Standards Board (FASB) issued new guidelines for the way businesses of all sizes and industry types handle lease accounting to