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
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Recent Uniform Guidance Revisions: What They Mean for Local Government Single Audits
Federal grant rules have changed, and those changes matter for local governments that receive or may receive federal funding. In April 2024, the Office of Management and Budget updated the Uniform Guidance…
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Issuing Bonds: What Municipal Governments Need to Know
Municipal governments, whether townships, cities, villages, or counties, are frequently tasked with delivering essential infrastructure and public services while maintaining fiscal responsibility. One important financing tool is the issuance of…
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The Fiduciary Role in Local Government: Leading with Intention
In local government, leadership isn’t just about setting agendas or passing budgets. It’s about making decisions that protect public resources and move the organization forward. That’s the heart of fiduciary…
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Audit Readiness: Practical Steps for Municipal Success
Preparing for an audit is one of the most important financial responsibilities a local government faces each year. While audits help meet regulatory requirements, they also reflect a municipality’s ability…
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What is the MD&A Report in a Local Government Audit?
Reading and understanding a local government financial statement can be overwhelming and confusing. Although the Uniform Budgeting and Accounting Act may mandate the audit, board members often miss the opportunity…