In a recent court filing, the IRS stated its position that certain “church” organizations’ endorsement of political candidates is an allowable activity, contrary to the long-standing ban on political endorsements by nonprofits. In National Religious Broadcasters v. Billy Long (as acting IRS Commissioner), a coalition of religious “church” organizations sued the IRS to challenge the…
Following COVID-19, HR strategies remain a key discussion point, particularly flexible work arrangements. Research and debate on the topic continue to intensify, highlighted by the largest 4-day workweek trial in the UK, which starkly contrasts the ongoing announcements of 5-day Return to Office (RTO) mandates making headlines. At the 2024 AICPA Dealership Conference, I was…
You may be hearing that an honest day’s work for an honest day’s pay just got sweeter for those who go above and beyond and put in overtime. This headline has been getting a lot of buzz lately, but as is the case with tax law, the devil is in the details, and you will…
California has long been a trailblazer in progressive policy and its approach to retirement savings is no exception. As the first state in the U.S. to pass legislation establishing a state-run retirement savings program for private-sector workers, California launched CalSavers—formerly known as Secure Choice—after a decade-long effort to address the retirement savings gap among its…
Benjamin Franklin famously said that there is nothing certain in this world except for death and taxes. That sentiment continues to be true to this day, and the importance of interpreting the complexities of tax legislation cannot be overstated. The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, introduces significant…
As a security-focused technologist, CIO, CISO or general technology professional, it’s imperative to stay ahead of emerging threats and ensure your digital infrastructure remains resilient. This cyber threat intelligence briefing provides a snapshot of the latest critical threats we are seeing, and some strategic responses broken down by category. Zero-Day Exploitation Active (CRITICAL RISK –…
The One Big Beautiful Bill Act (OBBBA) introduces several tax changes that will impact lawyers and law firms. Here’s a detailed look at provisions most likely to impact legal professionals. Key Provisions for Legal Professionals Qualified Business Income (QBI) Deduction Child Tax Credit Alternative Minimum Tax (AMT) Standard Deduction State and Local Tax (SALT) Deduction…
In a landmark move designed to bolster its innovation economy, New Jersey has officially joined the ranks of states conforming to the federal Qualified Small Business Stock (QSBS) exclusion under Internal Revenue Code Section 1202. Governor Phil Murphy signed Bill A4455/S4503 into law on June 30, 2025, allowing eligible taxpayers to exclude certain capital gains…
I’ve been using Microsoft Copilot for work for a while now and have seen its potential to be incredibly helpful. Like any evolving technology, there are areas where users have noticed opportunities for improvement. Let’s take a closer look at some specific scenarios where enhancements could make a big difference. Here are three I think…
The One Big Beautiful Bill Act (OBBBA), signed into law by President Donald Trump on July 4, 2025, includes tax reform provisions aiming to boost U.S. manufacturing and the economy. It restores 100% bonus depreciation for certain assets and introduces immediate expensing of real property for Qualified Production Property (QPP). These changes, effective for assets…