In this episode, Director of Tax Services Christian Burgos, CMI, JD, LLM, shares details of Washington State’s new law that taxes a wide ranges of services, including advertising, software development and more.
In this episode, Director of Tax Services Patti Giarratano, CPA, explains the sections of the recent tax law change and how they could impact high-net-worth individuals.
The IRS released the annual inflation adjustments to more than 60 provisions of the tax code. Taxpayers will use these figures when filing their 2026 federal income tax returns in 2027. Income Tax Rates The income individuals use to determine how much tax they pay each year increases in 2026. However, unless taxpayers’ income rises […]
The recent global outage of Amazon Web Services’ (AWS) cloud platform is a powerful reminder that even the most robust IT infrastructure can experience disruptions. Whether or not your business was among the thousands taken offline, now is a good time to evaluate your organization’s reliance on technology and the resilience strategies you have in […]
The IRS and Department of the Treasury recently issued final regulations concerning the SECURE Act that require certain high-income taxpayers’ 401(k) and 403(b) plan catch-up contributions to be designated as after-tax Roth contributions, beginning in tax year 2026. Background For more than two decades, individuals aged 50 and older have had the opportunity to supercharge […]
In this episode, Director of Transaction Advisory Services Fabio de Filippo, CPA, shares the importance of getting books in order when contemplating the sale of a business.
Under a new law that took effect on Oct. 1, 2025, the state of Washington is imposing and collecting retail sales tax on certain business activities that were previously exempt from taxation. Vendors providing services, such as advertising, IT support and temporary staffing, must prepare their businesses to comply with the law and begin collecting […]
Sales and use tax audits of Florida construction and building contractors are becoming increasingly common, due, in part, to the complexity of the state’s laws governing the taxability of their services and the nature of the work they do. While no business wants to be audited, there are key issues contractors must understand to help […]
The Federal Reserve Bank reduced interest rates by .50 percent in September 2024 and by a quarter point in November 2024, its first cuts since the start of the pandemic. These announcements may signal a new cycle of lower borrowing costs and a heightened appetite for mergers and acquisition (M&A) activity that had slowed considerably […]
The July 4, 2025, enactment of the One Big Beautiful Bill Act (OBBBA) amends the tax code and its impact on not-for-profit entities. These include changes to charitable deductions and an extension of excise taxes on highly compensated employees and net investment income for private colleges and universities. Charitable Deductions The OBBBA retains charitable deductions […]