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How Your Business Can Prepare for and Respond to an IRS Audit

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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

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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

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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 […]

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Ease the Financial Pain of Natural Disasters with Tax Relief

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Hurricane Milton has caused catastrophic damage to many parts of Florida. Less than two weeks earlier, Hurricane Helene victimized millions of people in multiple states across the southeastern portion of […]

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Understanding Your Obligations: Does Your Business Need to Report Employee Health Coverage?

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Employee health coverage is a significant part of many companies’ benefits packages. However, the administrative responsibilities that accompany offering health insurance can be complex. One crucial aspect is understanding the […]

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