News & Insights
News
Insights
Recent Posts
- Strengthen Trust in Your Nonprofit With a Conflict-of-Interest Policy
- Maner Costerisan Strengthens Grand Rapids Presence with New Office
- Assessing Your Business’s Fraud Risks
- Employee Benefit Plan Audit FAQs: What Plan Sponsors Need to Know
- What Higher 2026 AMT Risk may Mean for Your Year-End Tax Planning
- Prepare a Successor to Lead Your Family Business
- Good Intentions Aren’t a Defense: D&O Insurance for Nonprofits
- What are the Tax Implications of Cryptocurrency Transactions?
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How Will the 2025 Inflation Adjustment Numbers Affect Your Year-End Tax Planning?
The IRS has issued its 2025 inflation adjustment numbers for more than 60 tax provisions in Revenue Procedure 2024-40. Inflation has moderated somewhat this year over last, so many amounts will…
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From Flights to Meals: A Guide to Business Travel Tax Deductions
As a business owner, you may travel to visit customers, attend conferences, check on vendors and for other purposes. Understanding which travel expenses are tax deductible can significantly affect your…
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How Your Business Can Prepare for and Respond to an IRS Audit
The IRS has been increasing its audit efforts, focusing on large businesses and high-income individuals. By 2026, it plans to nearly triple its audit rates for large corporations with assets…
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Employers: In 2025, the Social Security Wage Base is Going Up
As we approach 2025, changes are coming to the Social Security wage base. The Social Security Administration recently announced that the wage base for computing Social Security tax will increase…
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Board Independence is About More Than Avoiding Conflicts of Interest
Are your not-for-profit’s board members independent? Your immediate response is probably, “of course!” But contrary to what many nonprofit leaders and staffers might think, director independence goes beyond avoiding conflicts…