Insights Center: 2025 Tax & Legislative Changes
Individuals, businesses and not-for-profit organizations are all affected by the new tax law – and we are ready to help. Start by staying informed; you’ll find our analyses of the new law’s many provisions here.
The industry was caught off-guard when the Office of Management and Budget (OMB) announced that for Fiscal Year’s that ended in 2022, Single Audits would be collected by the General Service Administration (GSA) rather than the Bureau of Census changing a procedure that has been in place since the advent of Data Collection.
Plan sponsors should review the cost of living adjustments (COLAs) to determine what, if any, changes need to be communicated to employees by means of orientation meetings and enrollment forms.
For the majority of private foundations, the management of a foundation’s assets is a top priority along with grantmaking.
It is not uncommon, when we do client assessment and process reviews, that we find many great policies exist; however, they are not well-communicated to those who need to execute them nor are the details delineated.
North American mergers and acquisitions (M&A) deal volume have declined in each consecutive quarter this year and in each quarter compared with 2021.
The Financial Accounting Standards Board (FASB) recently reached a tentative decision about the accounting for crypto assets that… Read more.
Recent natural disasters – such as the hurricanes impacting Puerto Rico and Florida and wildfires in California – can cause physical damage that interferes with business operations resulting in economic distress and ultimately lost income.
With new technologies come new forms of assets and, eventually, new rules for the regulation and taxation of such assets.
Massachusetts continues to be active in the state tax space.
The Plug-In Electric Vehicle Tax Credit under Internal Revenue Code (IRC) Sec. 30D was originally enacted with the Energy Improvement and Extension Act of 2008 and has been extended multiple times since its enactment.
October has been designated as Cybersecurity Awareness Month; very appropriately, it’s also the month of ghosts and goblins.
With the increase of organizations returning to in-person fundraising galas and benefit events, it is a good time for a reminder on self-dealing directives that should be considered prior to attending these events