News & Insights

Inflation Reduction Act Doubles R&D Credit Payroll Tax Offset for Qualified Small Businesses

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The Inflation Reduction Act (H.R. 5376), which President Biden signed into law on August 16, 2022, doubles the federal research and development (R&D) credit payroll tax offset for qualified small […]

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The Key Benefits of a Process Review

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If there’s one thing a nonprofit is always thinking about, it’s the future. Where you want your organization to be, how to fulfill your mission, your goals, growth, and development, […]

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Understanding the Difference Between a Process Review & Audit 

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Nonprofit leaders have plenty of tasks keeping them busy – but none may be more important than maintaining their organization’s financial viability. Proper financial management fuels associations, charities, and private […]

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Avoid the Pain of Annual Reporting with the State of Michigan

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Take advantage of the grace period provided by the Cannabis Regulatory Agency (CRA) during 2022. Under its Advisory Bulletin dated January 3, 2022, the CRA provided a holiday for 2022 […]

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Businesses: Act Now To Make The Most Out of Bonus Depreciation

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The Tax Cuts and Jobs Act (TCJA) significantly boosted the potential value of bonus depreciation for taxpayers — but only for a limited duration. The amount of first-year depreciation available […]

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