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IRS Issues Procedural Guidance on Section 174 Accounting Method Changes for Taxpayers with Short Taxable Years

On August 29, 2024, the IRS issued Rev. Proc. 2024-34, which provides modified procedural guidance...

Now what? Assessing the likely tax impacts of the 2024 election

President-Elect Donald Trump will return to the White House in 2025 — a year that already was...

How the U.S. election changes the outlook for taxes

How the U.S. election changes the outlook for taxes The outcome of the November 5 election is...

How much can you contribute to your retirement plan in 2025? The IRS just revealed the answer

The IRS has issued its 2025 inflation-adjusted contribution amounts for retirement plans in Notice...

How will the 2025 inflation adjustment numbers affect your year-end tax planning?

The IRS has issued its 2025 inflation adjustment numbers for more than 60 tax provisions in Revenue...

Considerations For Clear Communication During Open Enrollment

In today’s labor market, benefits can be a valuable tool for employers to retain talent. Employers...

Ease the Financial Pain of Natural Disasters with Tax Relief

Hurricane Milton has caused catastrophic damage to many parts of Florida. Less than two weeks...

Laura Sprouse Included on the Virginia 500 Power List

Brown Edwards' new CEO, Laura Sprouse, continues a legacy by being named to the Virginia 500—The...

Taxes take center stage in the 2024 presidential campaign

Early voting for the 2024 election has already kicked off in some states, but voters are still...

IRS Updates Requirements for R&D Tax Credit Refund Claims

The IRS on June 18 updated the “Frequently Asked Questions” regarding research credit claims by...