News & Insights

Navigating IRA Elective Pay for Nonprofits and Governmental Entities

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The 2022 Inflation Reduction Act (IRA) opened new opportunities in tax credits. Nonprofits and governmental entities can now use certain tax credits even though they might not be liable for […]

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BOI Reporting Requirements Suspended for Domestic Reporting Companies

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The twisty journey of the Corporate Transparency Act’s (CTA’s) beneficial ownership information (BOI) reporting requirements has taken yet another turn. Following a February 18, 2025, ruling by a federal district court […]

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Planning for the Future: 5 Business Succession Options and Their Tax Implications

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When it’s time to consider your business’s future, succession planning can protect your legacy and successfully set up the next generation of leaders or owners. Whether you’re ready to retire, […]

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Supreme Court Ruling on Federal Funding Pause: Key Considerations for Nonprofit CFOs

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Recent developments from the U.S. Supreme Court have significant implications for nonprofit organizations that rely on federal funding. A series of legal battles over the executive branch’s ability to halt […]

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The 2024 Gift Tax Return Deadline is Coming Up Soon

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If you made significant gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2024 gift tax return. And in […]

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