President Biden has released his proposed budget for the federal government for the 2024 fiscal year. The budget, which aims to cut the deficit by nearly $3 trillion over 10 years, includes numerous provisions that would affect the tax bills of both […]
The U.S. Supreme Court recently weighed in on an issue regarding a provision of the Bank Secrecy Act (BSA) that has split two federal courts of appeal. Its 5-4 ruling in Bittner v. U.S. is welcome news for U.S. residents who “non-willfully” violate […]
The 2022 mid-term election has shifted the scales in Washington, D.C., with the Democrats no longer controlling both houses of Congress. While it remains to be seen if — and when — any tax-related legislation can muster the requisite bipartisan support, a […]
To help you make sure you don’t miss any important 2023 tax deadlines, we’ve provided this summary of when various tax-related forms, payments and other actions are due. Please review the calendar and let us know if you have any questions about the […]
This article was originally published on the Georgia Restaurant Association (GRA)’s blog. After a few tough years, when close to 30% of Georgia’s restaurants permanently closed their doors, the industry continues its struggle to rebound as it faces serious challenges. Competition […]
On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023. The sprawling year-end spending “omnibus” package includes two important new laws that could affect your financial planning: the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 […]
Clients often ask about the most important thing they can do to protect themselves in such a connected world? The first answer I always recommend is to enable multifactor authentication (MFA) on all applications. What is Multifactor Authentication? You may have […]
Once you and your organization choose to move forward with a SOC 2 report, you must decide which of the five Trust Services categories you want to include. What factors should you consider when making this decision? It comes down to what categories […]