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IRS Issues Guidance on Trump Accounts
The One Big Beautiful Bill Act (OBBBA) creates a new type of tax-advantaged account for eligible...
3 minute read
Leadership Spotlight - Russell Hicks
Russell (Rusty) is a director in the Lynchburg office of Brown Edwards. He has more than 25 years...
2 minute read
Accounting for Cryptocurrencies
The creation and evolution of blockchain technology over the past decade has accelerated...
13 minute read
Generous Transition Relief Eases Auto Loan Interest Reporting
he IRS on October 21 issued transitional relief (Notice 2025-57) to substantially reduce the...
1 minute read
Hidden Figures: Why It’s Important for Plan Sponsors to Identify Controlled Groups
The identification and treatment of controlled groups often proves to be an enormous challenge for...
5 minute read
Auto-Enrollment Under SECURE 2.0: Why It Matters
“Compound interest is the eighth wonder of the world. He who understands it earns it. He who...
2 minute read
The Importance of Correct Unit Reporting
Correct reporting of units can have significant impacts on various HUD compliance and financial...
4 minute read
Understanding CECL Implementation for Community Banks
What is CECL and Why It Matters for Community Banks The Current Expected Credit Loss (CECL) model...
4 minute read
Maintaining Your Tax-Exempt Status
You’ve finally done it! You’ve organized your non-profit organization according to the laws of your...
6 minute read
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