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Plan Ahead for Changes to the Lifetime Gift & Estate Tax Exclusion

Plan Ahead for Changes to the Lifetime Gift & Estate Tax Exclusion

Are you prepared for the upcoming cut in the lifetime gift and estate tax exclusion? Learn how proactive planning can maximize your tax savings before exemption levels drop.
Protecting Your Business From Internal Fraud

Protecting Your Business From Internal Fraud

Did you know that over half of all business fraud stems from inadequate internal controls? In this video, we'll provide you with four specific controls you can implement to help protect your business. 
Estate planning Q&A: Qualified Personal Residence Trusts Explained

Estate planning Q&A: Qualified Personal Residence Trusts Explained

Reduce estate taxes? Qualified Personal Residence Trusts (QPRT) can be a valuable tool to make a lifetime transfer of your home to your family, still enjoy the home during your life, and potentially reduce your estate taxes.
Partnership tax filing checklist: More data requests, audits and complexity

Partnership tax filing checklist: More data requests, audits and complexity

Partnerships in tax year 2023 face new reporting requirements, detailed information demands and a sharp increase in the IRS' enforcement efforts.
8 Security Measures To Protect Your WordPress Website

8 Security Measures To Protect Your WordPress Website

Thousands of WordPress websites are hacked daily, causing significant disruptions and data leaks. Learn about nine essential security measures you should prioritize to protect your WordPress website from cyber threats.
New ASU removes references to the FASB Concepts Statements from GAAP

New ASU removes references to the FASB Concepts Statements from GAAP

FASB ASU 2024-02 removes references to Concept Statements from GAAP across a variety of defined terms and Topics within the Codification.
Proactive Tax Strategies for High-Earning Taxpayers

Proactive Tax Strategies for High-Earning Taxpayers

The IRS has issued clear warnings about its increased scrutiny of high-net-worth individuals, especially those using risky tactics to reduce tax obligations. This video provides strategies for optimizing your financial situation while staying within the bounds of the law. 
Mitigating the Risk of Deepfake Fraud

Mitigating the Risk of Deepfake Fraud

With the rise of AI, deepfake fraud is on the rise, resulting in significant financial losses for companies. Explore the need for increased employee education and enhanced security measures. Reach out to us to learn how to protect your organization against these sophisticated cybercrimes.
IRS announces increased audit activity for personal usage of corporate planes

IRS announces increased audit activity for personal usage of corporate planes

An IRS examination of this issue can be time intensive and arduous if the business does not take the necessary proactive steps to ensure all required documents are in order to defend the company's position in front of the IRS.
IRS announces new initiative aimed at high-income non-filers

IRS announces new initiative aimed at high-income non-filers

IRS announces initiative aimed at high-income earners who have not filed tax returns. IRS estimates 125,000 instances of non-filing.
Updated Form 8283 contains modest revisions

Updated Form 8283 contains modest revisions

The December 2023 revision of Form 8283 includes new reporting for digital assets, certified historic structures and passthrough entity information.
Maximize Your Health Savings With an HSA

Maximize Your Health Savings With an HSA

Maximize your health savings account benefits and avoid unnecessary taxes and penalties. Discover the eligibility criteria, benefits, and how to effectively manage your HSA.
Revising our 2024 inflation outlook: Moving back to a 2% target

Revising our 2024 inflation outlook: Moving back to a 2% target

We expect the Fed to begin cutting rates in June, and that the central bank will reduce its policy rate four times this year, by 25 basis points each.
Tax relief bill passes House, faces uncertain fate in Senate

Tax relief bill passes House, faces uncertain fate in Senate

Tax legislation packaging the child tax credit and favorable business tax provisions moves to the Senate with momentum but an uncertain fate.
IRS releases guidance on PIN requirement for energy efficiency home improvement credit

IRS releases guidance on PIN requirement for energy efficiency home improvement credit

The IRS intends to release proposed regulations on the PIN requirement for the energy efficiency home improvement credit under section 25C.
Understanding the Backdoor Roth IRA

Understanding the Backdoor Roth IRA

Are you a high-income earner seeking ways to optimize your retirement savings? Get a full grasp of how the Backdoor Roth IRA can be an effective tool for you.