The One Big Beautiful Bill Act (OBBBA) will have widespread impact for almost every taxpayer. Visit our OBBBA Resource Center regularly for continuing updates and guidance on the tax impact of this legislation to you and your industry.
Learn MoreThis sector is experiencing a rapid evolution in complexity and opportunities, with certain key trends topping the list for industry participants.
Read MoreQ2 saw important shifts in the office, retail, industrial and multi-family sectors. Key developments from the OBBBA will also impact the industry’s future trajectory.
Read MoreThe purchase of real estate is an exciting step for your business, but there are some key accounting considerations to address to ensure your financial records reflect the true economics of the deal. Properly recording the closing statement in your journal entries is one of them — and it’s critical....
Read MoreLearn how choice of investee funds can significantly shape audit complexity, operational timelines and, ultimately, investor confidence.
Read MoreHonoring our firm’s decades-long tradition, I was fortunate to serve as editor of the 2025 August Tax Clinic edition of the AICPA’s Tax Adviser. Each year we author articles that focus on high-complexity, high-impact areas of the tax code to help clarify these technical topics for the profession and...
Read MoreThe accounting infrastructure you have can make or break your next project. Discover the most common GAAP accounting challenges in renewable energy and how to overcome them.
Read MoreGrant audits are a critical component of financial management for for-profit entities receiving federal funding. Learn more in our Virtual Summer CPE webinar recap.
Read MoreBonus depreciation under the One Big Beautiful Bill Act can provide meaningful benefits for U.S.-based manufacturers. Learn how to take advantage of the provision.
Read MoreOhio House Bill 96 signals a significant state tax restructuring effort is underway. The bill repeals several longstanding, impactful sales tax exemptions.
Read MoreThe SEC has approved in-kind creations and redemptions for digital asset ETPs. For sponsors and institutional investors, this introduces new financial reporting and disclosure considerations.
Read MoreUnderstanding the tax considerations for Real Estate Investment Trust (REIT) roll-ups and initial public offerings (IPOs) is crucial for maximizing investor returns and ensuring regulatory compliance.
Read MoreThe nonprofit sector is navigating changes in federal funding, accounting standards and regulatory requirements. Learn more to help your NFP.
Read MoreThe One Big Beautiful Bill Act (OBBBA) affects a majority of taxpayers, including not-for-profits and particularly large private colleges and universities. Below highlights some of this sector’s key provisions to discuss with your tax advisers. Excise Tax Expanded Related to Excess...
Read MoreOBBBA imposes five key provisions set to reshape tax strategies for high-net-worth individuals. Understanding the implications is extremely important.
Read MorePosted by Jon Williamson and Stephen Fisher On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law, altering the tax landscape for the near and long-term. Much like the 2017 Tax Cuts and Jobs Act (TCJA), the impact of the OBBBA is dependent on each taxpayer’s...
Read MoreOn July 4, 2025, the One Big Beautiful Bill Act (OBBBA) became law and will have a significant impact on the real estate industry in particular. Key areas include the preservation of full deductibility for business state and local taxes, permanent extension of the 20% deduction for pass-through...
Read MoreThe One Big Beautiful Act (OBBBA), signed into law on July 4, 2025, is one of the more comprehensive tax reform packages in recent years. It makes several temporary provisions from the Tax Cuts and Jobs Act (TCJA) permanent, introduces new deductions, and impacts how businesses and individuals plan...
Read MoreOn July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law after it narrowly passed in the Senate (51-50) and House (218-214). While the new law may have only narrowly passed, it will have widespread impact for almost every taxpayer. From its extension of Tax Cuts & Jobs...
Read MoreThe One, Big, Beautiful Bill (TOBBB) made more progress this past week as the Senate Finance Committee released its draft tax provisions to be included in the bill. While the Senate’s version is similar to the House version passed in May, key distinctions and certain provisions are still being...
Read MoreNot-for-profit organizations, recognized under Section 501(c) of the Internal Revenue Code, are generally exempt from federal income tax. However, not-for-profits with annual gross income above $1,000 stemming from activities unrelated to their exempt purposes — known as unrelated business taxable...
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