Posted on October 23, 2025
by
Joanie Stein
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 […]
Posted on September 04, 2025
by
Alex Keneiby
In this episode, Associate Director of Tax Services Alex Keneiby, CPA, shares updates to Opportunity Zones in the OBBB.
Posted on August 28, 2025
by
Art Lieberman
Among the various provisions of the new tax and spending bill is a significant change to the tax accounting method condo developers must use to recognize income, removing a significant irritant to developers’ cash flow and tax efficiency. Background Developers of single-family homes and townhouses historically had the option to use the complete contract method […]
Posted on August 21, 2025
by
Art Lieberman
In this episode Real Estate Tax Director Art Lieberman explains the percentage of completion method of accounting, why it’s going away and why this is so valuable for condo developers.
Posted on August 14, 2025
by
Adam Fisher
The One Big Beautiful Bill Act (OBBBA), enacted in July 2025, makes dramatic changes to prior tax laws that encouraged individual and business taxpayers to invest in clean energy solutions that reduce carbon emissions. In many cases, taxpayers have a very narrow window of opportunity to claim these credits that are expiring at a much […]
Posted on August 13, 2025
by
Alex Keneiby
The enactment of the One Big Beautiful Bill (OBBB) redefines and makes permanent the Qualified Opportunity Zone (QOZ) program introduced in 2017, ushering in new tax benefits for a broader range of qualifying investors. Background The Tax Cuts and Jobs Act (TCJA) introduced the concept of Qualified Opportunity Zones (QOZs) to help incentivize private investment […]
In this episode, Senior Manager of Tax Services Alik MacLauchlan shares financial and tax surprises that may arise when an individual changes jobs.
Posted on July 24, 2025
by
Steven Rubin
No matter how much income you earn each year, the IRS wants to know. This includes all the earnings you generate from a part-time gig selling products or services, pursuing a hobby or passion project, or as a full-time content creator or social media influencer. However, how the IRS will treat those activities – as […]
