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...
By Ryan J. McDonell, CPA, MSA, MSLT Tax Director Businesses often turn to independent contractors to supplement their workforce when faced with staffing shortages and inflation. While independent contractors can be a valuable resource, businesses should be cautious to...
By Charles R. Kennedy, CPA, MBA Vice President & Director of Tax Services Stock, mutual fund and ETF prices have bounced around lately. Investors may see a loss generated on the sale of a security as helping offset gains that have already been realized. However,...
Charles R. Kennedy, CPA, MBA Vice President & Director of Tax Services The IRS has introduced significant changes to Form 1099-K reporting requirements in 2025, expanding the number of taxpayers who must report income derived through payment apps such as Venmo...
