Category Archives: News

2025 Charitable Giving Deadline: Maximize Deductions Before 2026 Tax Laws Change

Charitable giving has always been about generosity, but it’s also about being strategic with the...

Year-End Tax Planning for Generous Donors: Bunching vs. Donor-Advised Funds (Before 2026 Tax Changes)

When it comes to charitable giving, your heart may guide your generosity—but your tax strategy...

Navigating the Federal Government Shutdown: What It Means for Local Government Finance Departments—and How to Bounce Back

A federal government shutdown doesn’t just stop activity in Washington, D.C.—it creates ripple effects that...

Investments Made Simple: What Every Local Government Should Know About Reconciling, Reporting, and Preparing for Audit

Investments are an important part of managing public funds—but they can also be one of...

Top 5 Tax Considerations When Going Through a Divorce in California

Divorce reshapes nearly every corner of your life—your home, your finances, your future. In the...

Making Sense of GASB 102, 103, and 104: What’s Changing and How to Prepare

Government finance never stands still—just as teams are wrapping up implementations of recent standards like...

EBITDA Is Back: Bigger Interest Deductions in 2025

In 2025, manufacturers and other capital-intensive industries get a rare bit of good news from...

Uniform Guidance Revisions in Effect: Key Impacts for Local Government Finance Departments

In April 2024, the Office of Management & Budget (OMB) released the most significant revisions...

Revisiting Clean Vehicle Tax Credit Just in Time for Labor Day

Happy Labor Day!  Are you shopping for a car this weekend?  Perhaps you should be!...

Lessons Learned from GASB 87 & 96: How to Simplify Your Year-End Close

When GASB 87 (Leases) and GASB 96 (Subscription-Based Information Technology Arrangements) first went into effect,...

OBBBA Restores Major Business Tax Breaks: What Permanent Bonus Depreciation and QBI Mean for You

The One Big Beautiful Bill Act (OBBBA) brings long-awaited good news for business owners: several...

Are R&D Tax Credits Still Worth It in 2025?

Short answer: Yes—and they may be more valuable than ever. For established businesses investing in...

Tackle Accounts Payable, Accrued Liabilities, and Long-Term Debt Reconciliations with Confidence

Government finance departments have a lot to juggle—tight deadlines, strict compliance requirements, and complex financial...

Clean Energy Tax Credit Rollback: Final Countdown for Tax Breaks Under the OBBBA

If you’ve been thinking about installing solar panels, purchasing an electric vehicle, or upgrading your...

Accounts Receivable Reconciliations: A Helpful Checklist for a Smooth Year-End Close

For many local government finance departments, reconciling accounts receivable (AR) can feel like an ongoing...