The recently passed law has a lot of complex provisions, which have led to a lot of misinformation. Fortunately, the IRS has just published a guide to many of the new rules. Read about the provisions, so you can discuss them with your tax advisor at WP+D.
Meeting 401(k) audit requirements is an essential part of plan administration and fiduciary responsibility. This guide outlines when an audit is needed, common compliance pitfalls, and strategies to stay organized throughout the process – so you can meet your obligations confidently and on time.
In an era of endless online “tax tips,” misinformation spreads fast – and even smart taxpayers can fall for it. Here’s how to identify misleading financial advice and stay grounded in trustworthy, compliant tax guidance.
Behind every well-run HOA is a framework of financial decisions that protect the community’s long-term value. From managing dues and reserves to ensuring transparent financial reporting, HOA boards carry significant responsibility. This guide breaks down the essentials every board member should understand to keep their association financially strong and accountable.
Did you receive a letter from the IRS? Learn what steps you should take and mistakes to avoid in responding to a notice.
Explore how global tariffs and trade changes can impact your business and learn strategies for successful adaptation. Discover practical tips on cost management in our latest article.
Congratulations to Randy G. Brammer, CPA, CCIFP for making the Forbes 2025 Best-in-State Top CPAs list.
Filing taxes for your business can be complicated, with even small mistakes leading to missed deductions or higher tax bills. Ever-changing tax rules only add to the challenge. Read further for practical advice on avoiding the most common business tax pitfalls.
Businesses, corporations, self-employed individuals, retirees, and investors must pay their first quarter estimated tax payment for tax year 2025 on April 15, 2025. Because federal income taxes are pay-as-you-go, the law requires individuals who do not have taxes withheld to pay taxes as their income is received or earned throughout the year.
Pre-owned all-electric, plug-in hybrid, and fuel cell electric vehicles purchased on or after January 1, 2023, may be eligible for a federal income tax credit. The credit equals 30% of the sale price up to a maximum credit of $4,000.
A lot of effort goes into running an Arizona business. You started it because you are good at what you do. What about those accounting duties that may not be your strength? It may be time to outsource your bookkeeping and accounting tasks.
Weddings are joyous events for family and friends and are also tax events. Your tax filing status generally depends on your being married or unmarried on the last day of the year. See how your marriage status affects standard deductions as well.