News & Insights

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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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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Audit Preparation: Ensuring Your Organization is Ready for the Process

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By: Renee McNutt and Kylie Kalleward If your organization has never had to undergo an audit before, the process can be daunting and overwhelming. A typical reaction could also be […]

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2024 School Update: Section 27K Taxability

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The Michigan Department of Education announced the opening of the Section 27K Student Loan Repayment Program.  According to the guidelines, educators who are currently enrolled in and making payments toward […]

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2024 School Update: GASB 101

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GASB Statement No. 101, Compensated Absences requires that liabilities for compensated absences be recognized for (1) leave that has not been used and (2) leave that has been used but […]

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