Must High-Earners Make Roth Catch-Up Contributions? A key change from the SECURE 2.0 Act is coming. If you earn over $145,000, find out how your retirement catch-up contributions will be affected and what you need to do to prepare. Are you diligently saving for retirement and looking forward to making those extra “catch-up” contributions…
What is FASB’s ASU 2025-06? This update is revolutionizing how we account for internal-use software. If your company develops software for its own operations or as a service (SaaS), you need to understand these changes. This guide breaks down the new rules, why the old ones are gone, and what it means for your…
Is the petrochemical industry’s long winter finally over? For years, oversupply has plagued the sector, but a massive, coordinated production cut across East Asia could be the turning point everyone has been waiting for. Discover what this historic shake-up means for the industry’s future. Have you ever felt like you’re running on a treadmill,…
Staying Updated on IRS Per Diem Rates? This guide breaks down the new 2025-2026 special per diem rates from IRS Notice 2025-54, helping you simplify your business travel expense reporting. If you travel for business, you know the headache of tracking every single meal and coffee receipt. It can be a real pain, right?…
Facing drought and had to sell your livestock? You might be eligible for special IRS tax relief. Discover how you can get more time to replace your animals and defer capital gains tax. It’s been a tough year. Watching the land dry up and knowing you have to make hard decisions about your livestock…
Can I get a tax deduction for my tip income? You might be in luck! The IRS has proposed new rules for a “Qualified Tips” deduction that could put thousands of dollars back in your pocket. Let’s break down exactly what this means for you. Have you ever finished a long shift, looked at…
US GAAP vs. IFRS: What are the key differences in accounting for consolidations and investments? This guide breaks down the complex rules for consolidation, joint ventures, and equity method investments under both frameworks, making it easy to understand how they can impact your financial statements. Ever found yourself staring at two sets of financial…
Worried about tax-related identity theft? As a tax professional, you’re a prime target for cybercriminals. This guide breaks down the latest threats and the essential steps you can take to protect your clients and your practice. Have you ever received an email from a “new client” that just felt a little… off? It’s a…
Seeing tax advice on social media? Before you file, read this. The IRS has assessed over $162 million in penalties for false tax credit claims spreading online, and you could be next. Have you ever been scrolling through social media and seen a post promising a huge, secret tax refund? It sounds amazing, like…
What does a secure retirement plan actually look like? This guide is your A-to-Z map, breaking down everything from savings accounts to income strategies, helping you build a future filled with financial freedom and peace of mind. Ever get that late-night feeling of anxiety, wondering if you’ll have enough money to live comfortably when…
