Financial News & Events

Our blog features timely articles on tax law changes, accounting developments, industry trends, and firm news to help you stay current and make informed financial decisions.

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Financial News

Paper Tax Checks Are Ending: How New IRS Electronic Payment Rules Affect You

02/18/2026

A new federal requirement will eliminate most paper checks for tax payments and refunds starting with 2025 returns. Here’s what this transition to electronic payments means, how refunds will be […]

Financial News

Understanding the IRS’s new deduction for qualified overtime compensation

02/11/2026

The IRS has introduced a new federal income tax deduction for qualified overtime compensation, effective for tax years 2025 through 2028. Eligible workers can deduct up to $12,500 (or $25,000 […]

Financial News

S-corporations 101: FAQs for business owners

02/4/2026

S-corporations are one of the most frequently discussed (but often misunderstood) tax structures for small business owners. While they can offer real savings on self-employment taxes, the benefits aren’t automatic […]

Financial News

Understanding the OBBBA car loan interest deduction

02/2/2026

Car loan interest deduction, OBBBA and IRS proposed rules—learn who qualifies, income limits, vehicle requirements and what it means for taxpayers. […]

Financial News

Restored 100% bonus depreciation: IRS interim guidance helps clarify OBBBA rules

01/27/2026

RSM US outlines IRS guidance in Notice 2026-11 on restored 100% bonus depreciation and key timing and eligibility rules. […]

Financial News

IRS clarifies 100% first-year bonus depreciation rules

01/27/2026

The IRS recently issued new guidance clarifying how the permanent 100% bonus depreciation deduction will work moving forward. This allows businesses to fully deduct the cost of qualified property in […]

Financial News

Your 2026 tax season survival guide

01/20/2026

For most people, tax season brings a quiet panic about what they might be forgetting and a last-minute rush to pull everything together before the deadline. But it doesn’t have […]

Financial News

It’s time! What to prepare for tax year 2025 filing

01/13/2026

Whether you’re an individual taxpayer or business owner, preparing early for tax time can reduce delays, minimize errors, and help your tax pros do their best work on your behalf. […]

Financial News

New year, new rules: What to know about IRS changes taking effect this month

01/5/2026

The IRS and Congress have enacted tax law changes and regulatory updates that take effect this month and will impact individual taxpayers, employers, retirement plan sponsors, and businesses of all […]

Financial News

Employer’s Guide to Year-End and 2026 Payroll Tax Changes

12/17/2025

Stay current on 2025 year-end and 2026 payroll tax updates: SUI, FUTA credit reductions, social security limits, paid leave, and OBBB changes. […]

Financial News

Beyond basis: understanding at-risk limits on loss deductions

12/11/2025

Learn how basis and at-risk amounts work together to determine loss deductibility in partnerships and S corporations, and why tracking both is essential for compliance and tax planning. […]

Financial News

The clock is ticking: why nonprofits must act now on solar direct pay registration

12/9/2025

Nonprofit organizations pursuing solar energy projects face compressed timelines and new compliance hurdles under the One Big Beautiful Bill Act (OBBBA). This article outlines critical deadlines, registration requirements for IRS […]