Category Archives: News

Year-End Checklist for 401(k) Plan Sponsors: What to Review Before December 31

As the calendar year wraps up, now’s the time for 401(k) plan sponsors to double-check...

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...

Upcoming Limits to Charitable Contributions: Why 2025 Is a Critical Year for Giving

The One Big, Beautiful Bill Act (OBBBA) brought sweeping changes to the federal tax code,...

10 Common Misconceptions About Internal Controls

When your company first started, it was easier to keep a pulse on everything. You...

Pension and OPEB Year-End Checklist: What to Gather, Calculate, and Report

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One Big Beautiful Bill Act (OBBBA) for Businesses + High-Net Worth Individuals

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6 Things Business Owners Should Know and Do About the Looming TCJA Expirations

The Tax Cuts and Jobs Act (TCJA) was passed in 2017, bringing various tax changes....