Insights and Resources

Are you prepared for the Pregnant Workers Fairness Act (PWFA)? As an employer, it's essential to understand your responsibilities to avoid legal issues and ensure a supportive work environment for all employees. Read on to learn about the law's requirements and how to comply.

Trusts are an essential tool for estate planning, but their tax implications can be confusing. Understand the differences between revocable and irrevocable trusts, grantor and non-grantor trusts, and simple and complex non-grantor trusts to determine which trust is best for your unique financial situation and goals.

Understanding nexus is essential for determining a company's tax obligations. However, many businesses are unaware of what establishes nexus and thus are unaware of their tax obligations. Learn about tax nexus and how it may affect your company.

Buy-sell agreements are an essential tool for businesses with more than one owner. This type of agreement defines what will happen to the departing owner's share of the business if they leave. Learn about the benefits, key components, and important considerations of a buy-sell agreement for your business.

Are you curious about the changes to retirement savings in the United States? The SECURE Act 2.0 brings significant changes, including raising the RMD age, reducing penalties, increasing catch-up contributions, and more.

Providing investor updates is an essential practice for startups and established businesses alike. These updates are critical to fostering trust and maintaining strong relationships between companies and their investors. Learn about the importance of writing investor updates, how often you should send them, and what information should be included.

The IRS issued Revenue Ruling 2023-02, which clarifies the treatment of assets in irrevocable grantor trusts for tax purposes. This ruling aims to curb potential abuse of the stepped-up basis adjustment in trust structures and has significant implications for wealthy clients engaged in advanced estate planning. Learn about the ruling and its impact on irrevocable grantor trusts.

100% Bonus depreciation is a tax provision that allows businesses to deduct the cost of certain qualifying property in the year it is placed in service rather than having to depreciate the cost over several years. Unfortunately, the 100% bonus depreciation deduction will begin to phase out after 2022. Learn more about the phase-out schedule and the alternative Section 179 deduction.

The tax treatment of business interest expense is governed by Section 163(j) which places limits on the amount of interest businesses can deduct on their tax returns based on their income and other factors. Unfortunately, the calculation for determining a company's limit has changed starting with the tax year 2022 and stands to impact many large businesses negatively.

Measuring customer satisfaction provides a business with critical feedback, but unfortunately, many companies fail to survey their customers regularly. Learn the most common metrics and best practices for measuring your customer's satisfaction.