News and Updates

Coming Soon: Changes to the 401(k) Plan Participation Rules

Years ago, employers could excludepart-time employees—those who work less than 1,000 hours per...

Leveraging AI to Add Value to Your Business

Artificial intelligence (AI) has been around for years. In November 2022, however, the technology...

Will Your Crypto Transactions Be Reported on a Form 1099?

Some taxpayers may be unaware of all the federal tax reporting requirements for cryptocurrency...

Update on New Retirement Account Catch-Up Contribution Rules

The Setting Every Community Up for Retirement Enhancement (SECURE) Actbrought numerous changes to...

Businesses: It's Time to Get Ready for the New Corporate Transparency Reporting Rules

Attention: Your business may soon have to meet new reporting requirements that take effect on...

Options for Overfunded or Unused 529 College Savings Accounts

Section 529 plans can be a tax-smart way to save for college and other qualified education...

Partnerships: Tax Considerations When Adding a New Partner

Are you considering inviting an employee or an outsider to participate in your existing...

Crypto: What Taxpayers Need to Know

Cryptocurrencies have gone mainstream. You can now invest in them and use them to buy and sell many...

Mobile Banking App Users: Beware Malware Scams

Mobile banking has been gaining in popularity, and the pandemic only intensified the interest. Many...

Federal Tax Obligations When a Business Shuts Down

Is it time to close your small business? Unfortunately, closing isn't as simple as handing over the...