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How Health Savings Accounts Work
Many financial experts tout the benefits of a Health Savings Account, or HSA, but many people are not familiar with how they work. In this article, we will provide an overview of HSAs, including how to use them, how they work, and why you might want one.
Nonprofits: guide to reporting in-kind donations
Securing in-kind donations is vital for any nonprofit or charitable organization, but just as important is accounting for them properly. Learn about properly reporting financial and nonfinancial donations in your financial statements.
The Benefits of Hiring an Outsourced CFO
When it comes to running any organization, proper financial management is critical. One of the most important decisions you'll make is if and when to hire a Chief Financial Officer. While many organizations may not be ready for a full-time CFO, they may significantly benefit from hiring an outsourced CFO.
Navigating the uncertain fates of Build Back Better and key tax issues
Uncertainty about significant tax changes proposed in the Build Back Better bill require attention and action from taxpayers.
Family office dream team
An effective family office requires the right mix of internal and external capabilities to balance best-in-cost with best-in-class.
How Cost Segregation Studies Help Real Estate Owners Defer Taxes
Real estate owners who have purchased, constructed or renovated real estate should consider performing a cost segregation study to accelerate depreciation and defer income taxes. Watch now to learn more.
Congress open to considering a pause on automated tax notices
National Taxpayer Advocate, Erin Collins, recommends the IRS pause automated collection notices. Congress may consider the recommendation.
How the Federal Reserve Fights Inflation
With inflation recently rising to levels not seen in decades, the Federal Reserve is taking steps to stabilize prices. Watch this short video to learn what tools the Federal Reserve uses to fight inflation.
Child Tax Credit
In March 2021, the Child Tax Credit (CTC) was modified by the American Rescue Plan Act (ARPA). Click to learn more.
U.S. households are drawing down savings as the economy booms
After building up prodigious savings during the pandemic, American households are starting to spend that cash.
The $1.2 trillion infrastructure legislation and the middle market
This legislation represents the most significant modernization of the nation’s infrastructure since the middle of the 20th century.
Protecting Wealth With a Life Insurance Trust
A life insurance trust is an estate planning tool for maximizing the value of an estate passed to one's heirs. Learn how a life insurance trust works and how it may help you protect wealth.
Looking ahead to 2022
Nearly two years into the pandemic, there are signs that the worst of a once-in-a-century shock to the global economy is beginning to fade.
The Real Economy: December 2021
Nearly two years into the pandemic, there are signs that the worst of a once-in-a-century shock to the global economy is beginning to fade.
IRS releases guidance on Q4 removal of employee retention credit
Employers need to react quickly to the new guidance to pay in amounts as if they were incurred on Dec. 31, 2021.