News & Insights

News & Insights

Stay up to date on developments in accounting, tax, audit, and business advisory. This section includes timely updates on regulatory changes, industry trends, and technology. Our insights are designed to support professionals, business owners, and individuals navigating a changing financial landscape

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New Tax-Saving Opportunities May Attract Funding for Manufacturers That Build in Rural Qualified Opportunity Zones
New Tax-Saving Opportunities May Attract Funding for Manufacturers That Build in Rural Qualified Opportunity Zones
If your manufacturing company is considering building a facility in a rural area, doing so in a Qualified Opportunity Zone may be beneficial.
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What Do the 2026 Cost-of-Living Adjustment Numbers Mean for You?
Take these 2026 cost-of-living adjustments into consideration as you work on your year-end tax planning.
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Receive $10,000 in Cash at Your Business? The IRS Wants to Know About It
Did your business receive more than $10,000 in cash? You may be required to file Form 8300 with the IRS. Learn what counts as “cash” and ...
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A Quiet Trust Has Its Benefits, but an Incentive Trust May Be a Better Option
A Quiet Trust Has Its Benefits, but an Incentive Trust May Be a Better Option
Considering a quiet (silent) trust? Learn when delayed disclosure helps, where it can backfire, and how incentive trusts with thoughtful discretion may better align with ...
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Building a Better Nonprofit Budget
Strengthen your nonprofit’s budget with holistic inputs, forecasting and scenario modeling, rolling updates, and a disciplined reserve policy to align funding with mission needs.
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Larger QBI Deductions Will Soon Be Available to Many Manufacturers
Larger QBI Deductions Will Soon Be Available to Many Manufacturers
OBBBA makes the Section 199A QBI deduction permanent and expands phase-in ranges beginning in 2026—steps that can boost deductions for many pass-through manufacturers. See what’s ...
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Run a Business With Your Spouse? You May Encounter Unique Tax Issues
Run a Business With Your Spouse? You May Encounter Unique Tax Issues
Spouse-run businesses face unique tax pitfalls. Learn how partnership treatment drives SE tax and compare three strategies—community property sole prop, S-corp conversion, or hire-spouse approach—to ...
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Evaluating Business Decisions Using Breakeven Analysis
Evaluating Business Decisions Using Breakeven Analysis
Use breakeven analysis to quantify pricing, equipment, and expansion decisions—classify costs, compute contribution margin and breakeven point, and track your safety margin to guide profitable ...
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Is a Custodial Account Right for Your Family?
Is a Custodial Account Right for Your Family?
Weigh the pros and cons of UGMA/UTMA custodial accounts versus new Trump Accounts, including control, tax treatment, penalties, and education-planning tradeoffs to decide what fits ...
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5 Ways Your Business Can Build a Stronger Annual Budget
Strengthen next year’s budget with five proven steps—optimize data, involve the whole organization, communicate attainable targets, monitor cash flow, and engage an objective advisor to ...
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