Stay informed with the latest insights and perspectives from Withum.
Charitable Contributions For 2026, donors who itemize may claim a tax deduction for contributions of cash of up to 60% of AGI and for contributions of noncash assets held more than one year, up to 30% of AGI. The OBBBA made the 60% ceiling for cash gifts to public charities permanent. Donation amounts in excess…
We bring the conversation to you, sharing relatable stories that motivate and build consensus in the nonprofit community. Experience what it takes to make an impact and become a true Civic Warrior.
Most OBBBA international provisions apply to tax years beginning after December 31, 2025, so 2026 is the first year in which calendar-year groups compute net CFC tested income (NCTI), foreign-derived deduction eligible income (FDDEI) and the revised base erosion and anti-abuse tax (BEAT) under the new rules. This summary addresses the rules that govern 2026…
Many taxpayers assume that if they perform legitimate research and development activities, they are automatically entitled to claim the federal Research & Development (R&D) tax credit under Internal Revenue Code (IRC) §41. While technical innovation is certainly a prerequisite, recent IRS guidance and court decisions have highlighted a reality that many businesses overlook: R&D tax…
Withum’s ranking on the “Best Of” Business Accounting Provider for law firms reflects the value Withum brings to the legal industry when helping address the unique needs of law firms. The Law Firm Services Team serves firms of all sizes, from boutique practices to Am Law 200 organizations, helping managing partners and firm leadership make…
Reporting window: October 26 – November 9 (trailing 14 days) Cyber Matters is Withum’s bi-weekly brief on the cyber threats and incidents that deserve leadership attention. Each edition filters two weeks of government alerts, vendor research and incident reporting down to the developments that change risk, and pairs each with practical steps. This edition covers…
