One Big Beautiful Bill Act The One Big Beautiful Bill Act, recently signed into law, enacts wide-ranging updates to U.S. tax policy. The legislation...Read More
Top Tax Tips for Nonprofits in 2025 Navigating tax compliance is a crucial responsibility for nonprofit organizations. To ensure a smooth tax season and...Read More
The recent devastating wildfires in Los Angeles have impacted countless lives, including employees, their families, and local communities. In response, employers can provide meaningful...Read More
The Office of Management and Budget (OMB) updated and revised guidance for federal financial assistance, including revisions to 2 CFR Part 200 Uniform Administrative...Read More
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...Read More
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...Read More
Accounting Standards Update (ASU) 2016-13: Financial Instruments – Credit Losses (Topic 326) implementation starts with fiscal years ending December 31, 2023, but the adoption...Read More
The Financial Accounting Standards Board (FASB) has issued an accounting standards update ASU No. 2020-07 (ASU) Presentation and Disclosures by Not-for-Profit Entities for Contributed...Read More
The Small Business Administration (SBA) is seeking permission from the Office of Management and Budget (OMB) to collect information on loan necessity from borrowers...Read More
