By Kevin J. Bonnett, CPA, Vice President & Director Under the provisions of the SECURE 2.0 Act beginning on January 1, 2026, the catch-up contribution rules for certain plan participants in 401(k), 403(b) and 457(b) government plans are changing. This change...
By Kevin J. Bonnett, CPA Vice President Director of Employee Benefit Services The Internal Revenue Service has announced the 2026 annual contribution limits, catch-up contribution limits and cost-of-living adjustments (COLAs) for employer-sponsored 401(k) plans, IRA...
By Charles R. Kennedy, CPA, MBA Vice President Director of Tax Services After passage of the One Big Beautiful Bill Act (OBBBA), the US Department of the Treasury and Internal Revenue Service are clarifying definitions and provisions for the tax-related portions of...
By Ryan J. McDonell, CPA, MSA, MSLT Tax Director Over the Fourth of July weekend, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law. This sweeping reconciliation package addresses a wide range of policy areas, including tax reform, defense...
We are pleased to announce that Ryan J. McDonell, CPA, MSA, MSLT has been promoted to Tax Director at G.T. Reilly & Company. He joined G.T. Reilly in 2023 as a Tax Manager after working at national and regional accounting firms. A tax professional with more than a...