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.
LEARN MORECalifornia Budget Bill Affecting Digital Products and Other Businesses
Governor Gavin Newsom signed Senate Bill 122 (SB 122) as part of California’s 2026–27 Budget Package.
New York Agricultural Tariff Relief: Eligibility and August 11 Application Deadline
Farming has always been an exercise in adapting.
The Certificate Requirement Is Paused. The Liability Is Not.
The Department of War announced, on July 13, 2026, the immediate suspension of CMMC Phase 2.
IRS Introduces Automatic Penalty Relief: What Taxpayers May Be Giving Up
The IRS is introducing a new Automatic Exemption from Penalty (AEP) program that will begin replacing its longstanding First Time Abatement (FTA) administrative penalty relief for eligible returns with original due dates on or after January 1, 2027.
State and Local Tax Update: Massachusetts and Rhode Island Budget Updates
Massachusetts and Rhode Island have enacted budget legislation that significantly affects state conformity with the federal One Big Beautiful Bill Act (OBBBA).
Top Concerns for Today’s NFP Organizations
Many not-for-profit organizations today face increasing hurdles to attain successful and sustained operational growth.
Strengthening Credit Card Controls for NFP Organizations
Our Independent Schools Team recently conducted a study of credit card control risks and best practices across their NFP clients.
NYS CHAR500 Compliance Alert: Why GAAP-Compliant Financial Statements Matter
Deviations from GAAP on the financial statements, such as a qualified audit opinion, will not be acceptable to NYS.
Accounting Judgments: A Critical Business Capability
The function of CAO is incredibly complex because of the scope of knowledge, experience & strategic insight required to perform it.
The Cost of Focusing on Cost of Goods Sold
A healthy food and beverage operation should be measured not only by what it costs, but also by the value it creates for members.
Private Foundations: Strengthening Fraud Prevention and Risk Governance in an AI-Enabled Environment
The following considerations can help foundations strengthen their defenses and reduce exposure to fraud and operational risk.
Beyond the Valuation: Building a Defensible Framework for Private Credit Managers
Valuation governance, documentation and oversight are receiving increased attention across the private credit market.