What importers need to know about the three proclamations that add 50% duty on listed Canadian goods starting August 22, 2026.

Effective 2027, the Federal Scholarship Tax Credit will provide a dollar-for-dollar offset against federal income tax liability for eligible contributions.

The IRS has issued a rare midyear increase to its standard mileage rates for 2026, raising the business rate to 76 cents per mile effective July 1. Learn what changed, how the two rates apply throughout the year, and how to determine which vehicle expense deduction method works best for your situation.

A well-crafted annual report is one of your nonprofit's most powerful tools for donor engagement, stakeholder communication, and long-term fundraising success. But producing a compelling report takes careful planning that starts well before year end. Learn what your annual report should include and how to build one that truly reflects your organization's financial strength and mission impact.

CMMC Phase 2 is paused, but NIST 800-171 and DFARS 252.204-7012 are not. Learn why CUI boundary scoping still decides your SPRS score.

Rob Wellen discusses how an AI readiness framework helps organizations align strategy, data, governance and talent to scale AI.

Nonprofit HR teams often manage a wide range of functions with limited resources. Outsourcing selected responsibilities can improve efficiency and provide access to specialized expertise, but it also comes with risks. Learn how to evaluate your options, choose the right provider, and make the arrangement work for your organization.

Even well-managed nonprofits can benefit from periodically reviewing their accounting processes. From tightening up month-end close procedures and strengthening internal controls, to getting more out of your accounting software, small improvements can add up to significant gains in efficiency, accuracy, and financial transparency for your organization and board.

A well-crafted spending policy helps nonprofits balance today's financial needs with long-term sustainability. From fixed-rate to hybrid approaches, understanding your options is essential. Learn how to evaluate whether your current policy still aligns with your mission and financial goals.

Limited partnership investments offer liability protection and tax advantages, but the passive activity loss (PAL) rules can create unexpected federal income tax challenges. Losses may be suspended for years, and qualifying them as nonpassive requires passing strict material participation tests. Understand the rules before you invest or file.

Unemployment taxes may feel like an unavoidable fixed cost, but employers who take a proactive approach can often do more to manage them than they might think. From strengthening retention to navigating voluntary state contributions, the right strategies can reduce claims activity, lower your tax rate, and support stronger financial performance.

Business tax rules are full of nuances that can catch owners off guard. This article explores key topics including capitalizing intangible asset costs, passive activity loss rules for limited partners, the repair vs. improvement distinction, tax deductions for working animals, and the tax implications of running a business with your spouse.

Your financial statements hold far more insight than most business owners realize. When you know how to read the balance sheet, income statement, and statement of cash flows together, you gain a powerful tool for spotting risks, controlling costs, and seizing growth opportunities before your competition does.

When an employee going through a divorce informs you that a court will be issuing a Qualified Domestic Relations Order (QDRO), are you prepared? As a plan administrator, you carry both legal and fiduciary obligations under ERISA. Here are the essential steps you need to take to stay compliant.

Getting an unexpected tax bill from the IRS is a stressful experience no one wants to repeat. The good news is that it is often preventable. By periodically reviewing your withholding amount and making simple adjustments, you can stay ahead of tax season and avoid unwelcome financial surprises at filing time.