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.
With the ever-increasing focus on an organization’s impact and overall performance – be it within a commercial or philanthropic environment ‒ Environmental, Social, and Governance (ESG) models have become one of the foremost ways to assess an organization beyond the existing traditional reporting frameworks.
To minimize your risk of downloading and installing a malicious app, while not foolproof, here are a few things you can do to protect yourself. Read more.
A strong financial profile is one aspect to achieving premium value for your business. Read more.
As part of role in helping organizations prevent, deter and detect fraud, our forensic accounting professionals weigh in on the highlights of the ACFE’s 2022 Report to the Nations (2022 RTN)*.
Rising inflation is impacting many aspects of the tax code. The IRS recently announced annual inflation adjustments for the 2023 tax year for over 60 tax provisions, including the 2023 standard deductions and IRS tax brackets.
In an effort to help prevent tax fraud and other unlawful financing activities, the Financial Crimes Enforcement Network (FinCEN) has issued final rules related to ownership disclosure obligations for U.S. entities. The final rules will be effective January 1, 2024.
The Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) to improve the disclosures about a public entity’s reportable segments by requiring more detailed information about such expenses on an annual and interim basis.
The Tax Court held that the value of checks written prior to but paid after a decedent’s date of death were includible in the decedent’s gross estate.
One of the contributors answering “Can finance industry deliver on demand for faster closings, more automation?” published on NJBiz, was Roman Matatov, Senior Manager.
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.