News & Insights
News
Insights
Recent Posts
- Understanding Deferred Taxes: Why Book Income and Taxable Income Don’t Always Match
- Repair or Improvement: Does the Distinction Matter Under Current Tax Law?
- Restructure Your Nonprofit with Confidence
- Which Products Really Drive Your Business’s Profits?
- IRS Releases Guidance on the Paid Family and Medical Leave Tax Credit
- Plan Before Expanding Your Nonprofit’s Staff
- The Business Lifecycle Part 5: The Expansion Stage
- Worker Misclassification Can Carry Serious Consequences
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How to Prepay Expenses Strategically and Report Them Accurately
In accrual-basis accounting, timing is everything. One core principle of U.S. Generally Accepted Accounting Principles (GAAP) is the matching concept, which requires organizations to recognize expenses in the same period…
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Reviewing the June 2025 Markets
Evaluating Policy Shifts The One Big Beautiful Bill (OBBB), long a Republican policy goal, officially became federal law on July 4, 2025. In late June, House Speaker Mike Johnson vowed…
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The Major Business Tax Implications for the One Big Beautiful Bill Act (OBBBA)
By Elijah Long, CPA, Associate The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, is one of the most significant tax reforms since the 2017 Tax…
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Businesses Can Strengthen Their Financial Positions with Careful AP Management
Running a successful business calls for constantly balancing the revenue you have coming in with the money you must pay out to remain operational and grow. Regarding that second part,…
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President Trump Signs His One Big Beautiful Bill Act into Law
On July 4, President Trump signed into law the far-reaching legislation known as the One Big Beautiful Bill Act (OBBBA). As promised, the tax portion of the 870-page bill extends…