Dalton Knecht emerged as one of the superstars from the March Madness tournament. The former SEC Player of the Year was projected to be a top 10 pick in this year’s NBA draft. Knecht even worked out with the Portland Trail Blazers, who held the 7th pick and considered selecting him. However, they ultimately chose…
Editor’s note: This is an evolving situation, and we will continue to update this information brief as the facts change. UPDATE: As of 1:45 p.m. on January 29, 2025, the Trump administration rescinded the federal funding freeze just one day after it was issued. As previously mentioned, this is an evolving situation and showcases that…
Stay Tuned – The 2026 Tax Pocket Guide will be released in early 2026! The goal of minimizing tax liability likely drives a desire to discover new advantages in the tax law. If this sounds familiar to you, when planning for the upcoming tax year, a great place to start is with the basics. We…
On January 23, 2025, the U.S. Securities and Exchange Commission (SEC) issued Staff Accounting Bulletin (SAB) 122 officially rescinding SAB 121. SAB 121 was issued by the SEC on March 31, 2022. The purpose, per the SEC, was to provide guidance on the accounting for obligations to safeguard crypto-assets that an entity holds for its…
Did you buy or sell a piece of real estate? After all the fine details have been worked out, you will receive a real estate closing statement. A closing statement is more than just a piece of paper – it lists the transactions associated with the purchase or sale of a property, including the fees,…
In today’s data-driven world, organizations are constantly seeking ways to leverage the power of their data to gain insights, make informed decisions and drive innovation. Data and AI are at the core of Microsoft Fabric, a comprehensive data platform for AI business intelligence transformation. By integrating advanced AI analytics and other capabilities, Microsoft Fabric empowers…
With the continuous evolution of technology and the norm of hybrid and remote work, businesses face an array of challenges and opportunities. From leveraging cutting-edge employee engagement tools like Microsoft Viva to managing cultural diversity in a globalized workforce, the demand for seamless and inclusive communication has never been higher. At Withum, our experience working…
On January 6, 2025, the Pension Benefit Guaranty Corporation issued Technical Update 25-1, lending guidance on the timing of premium payments for all 2025 Plan Years. Per Section 502 of the Bipartisan Budget Act of 2015, the premium filing due date for all plans is the 15th day of the ninth calendar month that begins…
As businesses continue to explore AI integration, it’s crucial to prioritize key business areas that will enhance overall resilience, improve efficiency and ensure robust data protection. In this post, we’ll explore four critical strategies that businesses should focus on to navigate these changes effectively. 4 Key Business Strategies 1. Data Security and Relevancy This year,…
Learn how Withum helped a food manufacturer leverage an existing Microsoft investment to streamline business processes and empower citizen developers with Power Platform.