Insights & News

Stimulus Payments Being Sent as Visa Debit Cards

By Crystal Knepler, CPA | May 25, 2020

The Internal Revenue Service has been distributing Economic Impact Payments to taxpayers across the nation since…

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Do You Need a Will and a Trust?

By BPW | May 22, 2020

Everyone wants to protect their families, even after they pass from this world. That’s the purpose…

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The Essentials of Cloud-Based Accounting Software

By Stephen Korosy | May 14, 2020

“Siri, what is my year-to-date net income?” This is where technology is going. Are you on…

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The CARES Act: Big Changes to Retirement Plans

By Kathleen Donelan-Maher | May 6, 2020

Let’s talk retirement planning. How should retirement accounts be handled after the big changes seen in…

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May 7 Deadline for Big Businesses

By Eileen Sheridan | May 4, 2020

The Treasury Department is granting safe harbor to large and public companies that voluntarily return stimulus…

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The CARES Act: An Overview for Individuals

By Gisela Rodriguez | April 2, 2020

The CARES Act provides some big wins for individual taxpayers who are in need of an…

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The CARES Act: An Overview for Businesses

By Jacob Sheffield, CPA, MST | April 2, 2020

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on Friday, March…

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Income Tax Relief in Response to COVID-19 Outbreak

By Bridget Foreman, CPA | March 20, 2020

On March 20, 2020, the IRS extended the federal tax filing deadline to July 15, 2020,…

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Reporting Requirements for Video Game Currency

By Daniel Garcia | March 17, 2020

Amid school and business closures, some gamers may be increasing their screen time and raking in…

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IRS Released Guidance on Meal and Entertainment Expense Deductions

By Jacob Sheffield, CPA, MST | March 11, 2020

In recently-proposed regulations, the IRS states that, in general, taxpayers can deduct 50% of the ordinary food…

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Is a Donor-Advised Fund Right for You?

By Eileen Sheridan | March 3, 2020

Donor-advised funds (DAFs) have grown in popularity over the past decade. According to the National Philanthropic Trust…

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The SECURE Act: Key Takeaways and Strategies to Consider

By Kathleen Donelan-Maher | February 21, 2020

Over the past few years, we have seen some of the greatest shifts in tax legislation.…

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