Blog
Doing the research – it’s in your nature.
Read our blog to stay in the know.
Read our blog to stay in the know.
Blog
Doing the research – it’s in your nature. Read our blog to stay in the know.
Federal Court in Texas Suspends BOI Reporting Requirements Under Corporate Transparency Act
You may have heard that on December 3, 2024, a federal court in Texas issued a preliminary injunction suspending the enforcement of the Corporate Transparency Act. The Act required businesses to report beneficial ownership information (BOI) to the Financial Crimes…
Navigating Tomorrow: Year-End Tax Strategies for Business Owners
As we near year-end, proactive tax planning becomes more crucial than ever for businesses and family offices with complex tax portfolios. While 2024 hasn’t brought significant legislative tax changes, foundational tax strategies remain invaluable. With potential transactions and evolving state…
Maximizing Charitable Giving: The Power of Appreciated Securities
Written by: Angela Parziale, CPA, MST Managing a complex portfolio involves unique challenges and opportunities, especially when optimizing your financial strategies. While some aspects of your financial situation may be out of your control—like mortgage rates or state taxes—one area…
Adapting to Massachusetts’ Estate Tax Changes
*Please note that tax laws and regulations may change, and it’s always best to consult your advisor for the latest guidance. This article is accurate as of October 29, 2024. On October 4, 2023, Massachusetts Governor Maura Healy signed a…
Internal Accounting Team or Outsourced Team: Which Is Right for Your Business?
Written by: Todd Ellis, CPA, MST, CGMA Every business, whether large or small, needs reliable accounting support to keep operations running smoothly—ensuring cash flow is managed, bills and employees are paid, and the business’s overall financial health is well understood.…
Supreme Court Ruling on Taxation of Corporate-Owned Life Insurance: What Business Owners Need to Know
Written by: William Cooper, CPA On June 6, 2024, the Supreme Court issued a ruling in Connelly v. United States that has significant implications for privately held business owners. The Court unanimously decided that the value of company-owned life insurance…
Estate Planning Essentials for Preserving Generational Wealth
Written by: Jordan Yorks Wealth preservation is a key concern for high- and ultra-high-net-worth individuals, especially when passing on assets to future generations. Estate planning is the cornerstone of ensuring that your wealth is transferred smoothly, efficiently, and according to…
IRS Adopts Final Digital Asset Tax Reporting Rules with Some Revisions
The IRS on June 28 issued final regulations on information reporting for digital asset transactions. The final regulations require “brokers” to report gross proceeds, cost basis, and gain or loss on sales and exchanges of digital assets, including cryptocurrency, stablecoins,…
Navigating Financial Audits: A Comprehensive Guide
Navigating a financial audit can be daunting, but with the right preparation and understanding, it can become a manageable and beneficial process. Financial audits help ensure the accuracy of your financial records and compliance with regulations and can reveal areas…
Walter Shuffain Achieves New Ranking as a 2024 IPA Top 200 Firm
Walter Shuffain has achieved recognition as an IPA Top 200 Firm by Inside Public Accounting (IPA). This marks the fourth consecutive year that the firm has secured a place on this prestigious list, ascending five positions to reach #178 from…
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