Audit and Tax

On Demand – SECURE 2.0 Retirement Legislation: Tax Implications for Employers, Employees and Advisors

https://youtu.be/kvbhNcQvRkM SECURE 2.0 RETIREMENT LEGISLATION: TAX IMPLICATIONS FOR EMPLOYERS, EMPLOYEES AND ADVISORS February 8, 2023 The SECURE 2.0 Act of 2022 was signed into law…

Correcting Errors in 401(k) Plan Employee Deferral Elections

How to Correct a Frequent Error: Not Withholding the Proper Amount of 401(k) Deferrals Administering a 401(k) plan can be complicated and challenging, creating…

Employee Benefit Plan Audits: Preparing for a Successful 2023 Auditing Season

Employee Benefit Plan Audits: Preparing for a Successful 2023 Auditing Season January 10, 2023 The last few years have created challenges for manage organizations,…

What is SVOG Monitoring? Do I Need an Audit or Compliance Examination?

Did you receive a Monitoring Action item in your SVOG portal? Monitoring is a regular and important part of all Federal grant programs. It…

Getting Technical with GASB-87 Webinar

https://youtu.be/T72KaprgIRM Getting Technical with GASB-87 November 30, 2022 In this recording, our experts review key components of the GASB-87 standard, including lessons learned from…

Tom Bayer Featured in Market Watch

Tom Bayer was quoted in an MSN Market Watch piece about the tax deductibility of assisted-living costs as medical expenses. Tom, CPA, CExP, is…

Don’t Dread Year-End! Tips for How You Can Be Prepared.

Annual payroll tax reporting is a necessary evil for all businesses and the year-end forms processing can be taxing, with the requirement that you…

Tax Implications of Security Measures for C-Suite Executives

The security and protection of an organization’s high-profile employees should never be overlooked. Throughout our country’s history, people in the public spotlight have often…

Rising Interest Rates and the Ag Economy

As macroeconomic conditions worsen, farmers and the broader agricultural sector are beginning to feel the effects of rising interest rates and inflation. The “Farmer…

Jim Brandenburg Featured in Accounting Today and More

Jim Brandenburg discussed the Inflation Reduction Act and the impact of increased IRS audits in articles from Accounting Today, Financial Planning and the New…

WICPA’s Bottom Line Showcases Article from Jim Brandenburg

Jim Brandenburg’s co-authored article was featured in the Wisconsin Institute of CPAs’ “The Bottom Line” publication. The article explores tax regulations on NFTs. Jim,…

Jenny Massey Featured by The Ohio Society of CPAs

Jenny Massey was featured in an article from The Ohio Society of CPAs, which discusses navigating site selection. Jenny is the director of the…

How to Prepare for your Shuttered Venue Operators Grant (SVOG) Audit or Compliance Examination

You applied for and received a Shuttered Venue Operators Grant (SVOG). Now that it’s time for an audit of those funds, how can you…

Pass-through Entity Tax Election Changes in Your State

In recent months, several states have made changes to their laws concerning pass-through entity (PTE) taxes. These entities, by nature, maintain business structures that…

What Your Organization Needs to Know About Form 990 – A Webinar Recap

At our recent not-for-profit webinar, we covered commonly asked questions about Form 990 with finance leaders and board members across our footprint. Form 990…

“Build Back Better” Gets a New Life and a New Name as Manchin Changes Gears

Nearly a year ago, Congress embarked on a journey to push an infrastructure bill and a separate bill (“Build Back Better” – BBB) focused…

Shuttered Venue Operators Grant: For-Profit Compliance Examination and Audit Requirements

The Shuttered Venue Operators Grant (SVOG) was provided to eligible for-profit entertainment businesses for COVID-19 relief. The federal grant – equaling more than $16…

Sikich Expands in Indianapolis with Acquisition of Petrow Kane Leemhuis

CHICAGO — June 30, 2022 — Sikich announced today that it has signed an asset purchase agreement to acquire the operating assets of Petrow Kane Leemhuis,…

Sales Tax Revisions for Indiana & Wisconsin Not-for-Profit Organizations

Starting July 1 for Indiana and just recently started on June 1 in Wisconsin, new sales tax changes were passed that will impact not-for-profit…

Economic Development Incentives for Remote Employees

While first imposed nationwide because of the pandemic, remote work has become an integral part of the economic landscape. It is uncertain, at this…