Navigating the Intricacies of the Gift Tax: Understanding Exemptions and Limits

What is the gift tax? The gift tax is a federal tax that the IRS imposes on people that gift property. The gift tax is applicable...
Read More

Favorable Retirement Plan Changes Under Secure 2.0

The SECURE Act 2.0 enacted on Dec. 29, 2022 has brought significant changes to the retirement plan provisions and is designed to encourage more participation...
Read More

Calibre CPA Group Secures a Spot on Accounting Today’s 2024 Top Regional Firms List – Washington Capital Region

WASHINGTON, DC: (March 20, 2024) Calibre CPA Group, PLLC proudly announces its recognition in Accounting Today’s 2024 Top Regional Leaders List for the Washington Capital Region,...
Read More
Calibre CPA Group Named to Washington Business Journal’s Largest Accounting Firms in Greater D.C. - Calibre CPA Group

Calibre CPA Group Ranks 16th on Washington Business Journal’s Largest Accounting Firms in Greater D.C.

WASHINGTON, DC: (March 6, 2024) Calibre CPA Group, PLLC, proudly announces its rise in the Washington Business Journal’s 2024 list of the Largest Accounting Firms in...
Read More

SAS No. 145 – What Is Changing

The AICPA Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material...
Read More
Calibre CPA Group PLLC Logo

James E Gomes Transitions to Managing Partner

WASHINGTON, DC:  Calibre CPA Group, a prominent accounting firm known for its exceptional financial services and dedication to client satisfaction, is excited to announce the...
Read More

Clean Energy Tax Incentives

The Inflation Reduction Act of 2022 introduced changes in clean energy tax credits, particularly impacting tax-exempt organizations. The legislation allows these organizations, traditionally outside the...
Read More
Calibre CPA Group - CECL Article

The Current Expected Credit Loss (CECL) Model for Not-for-Profits – What You Need to Do Now

Accounting Standards Update (ASU) 2016-13: Financial Instruments – Credit Losses (Topic 326) implementation starts with fiscal years ending December 31, 2023, but the adoption date...
Read More

Calibre CPA Group’s Cybersecurity Tech Tips for NFPs

MFA Everything Multi-Factor Authentication (MFA) protects your IT resources by using an additional check on the login process for your data and services.  MFA requires...
Read More