Insights Gallery

Using POD and TOD Accounts in Your Estate Plan

By Johnson & Sheldon | October 1, 2025

Discover how Payable-on-Death (POD) and Transfer-on-Death (TOD) accounts streamline the inheritance process, enabling beneficiaries to bypass probate and access assets swiftly. While these tools offer speed and cost-effectiveness, they come with potential pitfalls that could disrupt your estate plan if not carefully coordinated. Explore their benefits and drawbacks to ensure seamless asset distribution among your loved ones.

Final regulations released on increased catch-up contributions under SECURE 2.0

By Johnson & Sheldon | October 1, 2025

The latest IRS final regulations under the SECURE 2.0 Act increase catch-up contribution limits for individuals aged 60 to 63 and require Roth contributions for higher-income earners. These changes aim to enhance retirement readiness but require plan administrators to navigate new operational complexities. Explore how these rules reshape retirement strategies and the paths to compliance.

Bitcoin and Texas Franchise Tax: Key Insights into Intangible Property Ruling

By Aprio | September 29, 2025

Texas treats bitcoin as intangible property. Taxpayers buying and selling bitcoin cannot use the COGs deduction and must source bitcoin sales to the payor location.

Partnership Basis: What Is It & How Does It Work?

By Aprio | September 29, 2025

Gain insight into partnership basis, track decisions to optimize ownership, and maintain compliance to avoid costly tax consequences.

Tax breaks for tipped workers: qualifying for the new deduction

By Johnson & Sheldon | September 25, 2025

Discover how the groundbreaking "no tax on tips" provision in the new One, Big, Beautiful Bill (OBBBA) could transform the take-home pay for millions of tip-reliant workers starting in 2025. Learn which occupations qualify, the specific conditions required, and how to prepare for maximized savings under this potentially game-changing deduction.

Preparing for the end of federal paper checks

By Johnson & Sheldon | September 24, 2025

Executive Order 14247 directs federal agencies to phase out paper checks for refunds, benefits, and contracts. Here’s who’s affected and how to prepare.

Building a budget and forecast system for your business

By Johnson & Sheldon | September 23, 2025

The harsh reality is that many business failures are caused by poor financial planning and cash flow management. Despite this, surprisingly few companies invest in building robust systems for forecasting and tracking their financial future. Learn the fundamentals of building and maintaining a budget and forecast for your business.

No tax on tips: What occupations qualify? What are qualified tips?

By RSM US LLP | September 22, 2025

RSM explains what employers should know about IRS proposed regulations clarifying the "No tax on tips" provision in the OBBBA. Learn more.

AI is here—is your family office prepared?

By RSM US LLP | September 22, 2025

Learn how family offices can prepare for artificial intelligence adoption with strategy, governance and strong data foundations.

Debt-financed distributions for pass-throughs: how they work and when they make sense

By Johnson & Sheldon | September 22, 2025

When a pass-through business takes out a loan at the entity level and immediately distributes the borrowed funds to its owners, this is considered a debt-financed distribution. This maneuver provides owners with immediate liquidity without triggering a current tax bill, as long as they have sufficient tax basis to cover the distribution.

The Latest IRS Guidance on Section 174

By Aprio | September 19, 2025

Aprio Insights on the The Latest IRS Guidance on Section 174. Read the article.

Is your business ready? Red flags that demand a modern fraud risk assessment

By RSM US LLP | September 18, 2025

RSM US details why a modern fraud risk assessment is no longer just a leading practice, it's essential to stay ahead of threats. Learn more.

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