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 Ryan J. McDonell, CPA, MSA, MSLT The One Big Beautiful Bill Act (OBBBA) includes several depreciation changes that will help small businesses. Here are the changes that you should be aware of: 100% Bonus Depreciation Restored The new law permanently restores 100%...
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 Derek McDonough, EA, MST Tax Manager Thinking about setting up a retirement plan for yourself and/or your employees? You may be naturally concerned about the financial commitment and administrative burdens involved. However, there are a couple of options you could...
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...
By Kevin J. Bonnett, CPA Vice President & Director There is a lot of concern among manufacturing, distribution and other business clients about tariffs. One of our distribution clients purchases the majority of their product from China and is limited by time and...
