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Trump Tariffs on Canada, Mexico Delayed, China Responds With its Own Tariffs

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In a historic “first,” President Trump signed three executive orders (EOs) on February 1, 2025, imposing new 25% ad valorem tariffs that would apply to most merchandise imported into the […]

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Be Ready to File Your BOI Reports

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It has been a tumultuous few months for many small businesses. The Financial Crimes Enforcement Network (FinCEN) initially set a January 1, 2025, deadline for certain small business entities to […]

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Best Practices for Managing Capital Assets in Local Government

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By 2003, local governments began reporting capital assets on their financial statements after implementing the Government Accounting Standards Board (GASB) Statement 34. This requirement was intended to help users of […]

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Beyond Boomers: How to Engage Younger Generations

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If your nonprofit’s fundraising arm has largely neglected younger generations in favor of Baby Boomers, you may need to revise your outreach strategy. Boomers currently make up the largest demographic […]

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Do You Have Excess Business Loss?

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If an individual taxpayer has substantial business losses, unfavorable federal income tax rules can potentially come into play. Here’s what you need to know as you assess your 2024 tax […]

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