Insights

When making transfers of business interests or other assets to family members, there’s a three-year period where the IRS can challenge their values for gift tax purposes. During that time, the tax agency can claim the transfers originally treated as nongifts were actually gifts or partial gifts.

If you are self-employed there could be a chance that you are eligible for the self-employed health insurance deduction. Keeping in mind that the deduction can't exceed the net income you earn from your business.

Congratulations again to our colleagues celebrating work anniversaries in Q1 2025. Here’s to more years of shared success!

Differentiating the responsibilities of a nonprofit's finance committee is critical for success and longevity. Consider these best practice guidelines to help your finance committee.

Tax season is in full swing and Tax Day is in the near future. Help our tax professionals help you with these simple steps on submitting clean, crisp, legible documents.

Under the right circumstances, qualified small business stock (QSBS) offers tax savings for business owners. Essentially, QSBS allows them (and their heirs) to sell their stock free of capital gains tax.

Non-profit organizations committed to keeping their boards collegial, supportive, and effective need to pay particular attention during the onboarding stage. Consider running background checks on a regular basis.

Fake charities tend to appear when there are natural disasters or other tragic events. Keep yourself protected from fake charities by looking out for these red flags.