News & Insights
News
Insights
Recent Posts
- Consider an Installment Sale to Optimize Taxes When Selling Your Business
- 5 Year-End Tax Planning Strategies for Businesses
- 5 Tax-Smart Ways to Take Cash Out of Your C Corporation
- New Law Extends Tax Relief for Disaster-Related Personal Casualty Losses and More
- When One Revenue Source Carries Too Much of the Mission
- Trump Accounts Are Here: What Families and Employers Should Know
- Watch Out for the Growing Reach of the Additional 3.8% Tax on Investment Income
- How to Avoid and Correct Common Payroll Tax Mistakes
-
Educators May Be Able to Claim 2 Deductions for 2026 Classroom Expenses
Teachers and other educators often spend their own money on books, supplies, equipment and other classroom needs. For 2026, eligible educators may have two ways to deduct qualifying unreimbursed expenses.…
-
Proposed Uniform Guidance Changes: What Nonprofits and Governments Should Know
On May 29, 2026, the Office of Management and Budget (OMB), together with participating federal agencies, issued a proposed rule to substantially revise 2 CFR Part 200, commonly known as…
-
Business and Other Mileage Rates Increase for the Second Half of 2026
The IRS has made a midyear increase in the standard mileage rate for business vehicle use, including for cars, SUVs, vans, pickup trucks and panel trucks. These rates apply to…
-
School Business Office Efficiency: Getting More from Your Systems, Processes, and Team
It’s the end of the day in the business office, and somehow the day disappeared. This morning, you spent an hour following up with individuals who have missing credit card receipts. You spent the next two hours reviewing credit card coding and making corrections. You took a…
-
GASB 104 – Disclosure of Certain Capital Assets
GASB Statement No. 104, Disclosure of Certain Capital Assets, is effective for fiscal years ending June 30, 2026. This Statement requires additional note disclosures for certain types of capital assets,…