2026 401(k) Catch-Up Rule: What Employers and High Earners Need to Know
A major provision of the SECURE 2.0 Act goes into effect on January 1, 2026, and it will significantly change...
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Business
11/21/2025
What to Do When You Receive an IRS Notice
I received a notice from the IRS…now what? Receiving a notice from the IRS can be unsettling and can trigger...
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Business
11/11/2025
Take Time to Review Your Business Expenses Before Year-End
Maximize Year-End Business Deductions Under OBBBA As the year winds down, it’s smart to evaluate your company’s expenses to determine...
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Business
11/06/2025
Qualified Production Property Overview
What is Qualified Production Property? Qualified Production Property (QPP) refers to the portion of nonresidential real property that is used...
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Business
11/05/2025
Construction Contractors: FAQs Regarding W-2 Overtime Reporting Obligations
Update 11/6/25: On November 5, 2025, the IRS issued Notice 2025-62 which provides limited additional guidance for employers. According to...
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Business
10/30/2025
OBBBA Updates 1099 Thresholds
OBBBA Updates: IRS Restores 1099-K Threshold and Raises 1099-NEC Limits The One Big Beautiful Bill Act (OBBBA), signed into law...
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Associations
10/29/2025
Take Advantage of Section 179 with YE Business Equipment Purchases
Take Advantage of Section 179 to Maximize Your Year-End Business Tax Savings Sec 179 of the U.S. Internal Revenue Code...
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Business
10/22/2025
SECURE 2.0: What Plan Sponsors Must Implement Now & What to Consider for 2026
SECURE 2.0 Act: Key 401(k) and 403(b) Plan Changes Every Sponsor Must Prepare for by 2026 As retirement plan rules...
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Associations
10/22/2025
Tip and Overtime Income Update
Understanding the OBBBA Payroll Changes: New Tip and Overtime Income Deductions The passage of the One Big Beautiful Bill Act...
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Business
10/06/2025
Lessons in Recordkeeping from a Recent Tax Court Decision
Running a successful business take more than delivering great products or services – it requires disciplined financial management. Meticulous recordkeeping...
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Business
10/06/2025
How to Track and Manage Cash Transactions in Your Business
Cash Management Best Practices for Closely-Held Businesses Why Tracking Cash Still Matters in a Digital World Despite the ever-digitizing...
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Business
09/26/2025
New Tax Relief for WI Taxpayers Affected by Severe Storms
On September 17th, 2025, the IRS announced tax relief for individuals and businesses in areas of Wisconsin affected by severe...
