Accounting News

Navigating the exit: how non-controlling shareholders can sell private company stock

07/10/2024

Selling private company stock can be challenging for non-controlling shareholders. This article explores the critical considerations, from understanding company restrictions to finding the right buyers and planning for taxes. […]

Accounting News

The DOL expands overtime protections: key changes and implications

07/3/2024

Discover how the Department of Labor’s recent expansion of overtime protections could impact your business. This article discusses the key changes and implications of the new regulations. […]

Accounting News

Beyond group health insurance: understanding your options with Section 105 plans

06/20/2024

Are you a small business owner looking to offer health benefits without breaking the bank? Our guide to ICHRAs and QSEHRAs explains how these health reimbursement arrangements work, their benefits, […]

Accounting News

Estate planning insights from America’s wealthiest families

06/6/2024

Discover how America’s elite manage their vast fortunes to ensure their wealth endures across generations. This article breaks down the successful strategies and common pitfalls in estate planning, using examples […]

Accounting News

IRS proposes major changes for donor-advised funds

05/23/2024

The proposed IRS regulations on Donor-Advised Funds introduce potential shifts in how these funds are managed. With possible retroactive effects and new compliance hurdles on the horizon, the time to […]

Accounting News

IRS releases plan to triple its audit rates on large corporations

05/3/2024

Audit rates on large corporations to increase threefold, per newly released IRS roadmap for spending Inflation Reduction Act funds. […]

Accounting News

Understanding the Form 8300 e-filing requirements for cash transactions over $10,000

04/10/2024

Understand the IRS’s new e-filing system for Form 8300, designed to simplify the reporting of cash transactions over $10,000. Learn who must file, the e-filing requirements, and how to apply […]

Accounting News

Financial reset: strategizing for a prosperous year ahead

04/5/2024

Set your financial targets for the year with this comprehensive guide that uses the SMART framework. Learn about strategies for debt repayment, evaluating your emergency fund, and early tax planning. […]

Accounting News

Policy changes: Social Security Administration’s new approach to overpayments

04/2/2024

The Social Security Administration’s approach to overpayments is changing, bringing potential changes to your benefits. Explore these policy changes and how they may help you retain more of your monthly […]

Accounting News

Credits and incentives available to retirement plan sponsors

03/25/2024

Employers with less than 100 employees who have recently adopted or are considering a retirement plan have a tax savings opportunity. […]

Accounting News

Building sustainable wealth: 5 key considerations for emerging high earners

03/16/2024

Get valuable insights on how to build sustainable wealth as an emerging high-earner. This article dives deep into managing lifestyle creep, understanding income tax, and making tax-efficient investments. Learn how […]

Accounting News

Recent changes: retirement plan eligibility for long-term part-time employees

03/13/2024

As of 2024, certain long-term part-time employees are eligible to participate in 401(k) plans. This article provides a detailed understanding of the changes to retirement plan rules brought about by […]