When we talk about gifting as part of a tax strategy, a lot of people assume it’s something only the ultra-wealthy need to worry about if they’re trying to avoid estate taxes. But gifting is actually one of the simplest…
For many parents, providing financial security for their children is a top priority. But building that security involves more than funding college or opening a savings account. The real goal isn’t just to transfer wealth – it’s to prepare the…
Authored by: Brennan Ray Changes to accounting standards do not always make headlines, but some deserve close attention. The Financial Accounting Standards Board has issued ASU 2025 05, a meaningful update that changes how businesses measure credit losses on accounts…
Authored by: Lindsey Knebelsberger While audits may not be everyone’s favorite cup of tea (or coffee… or anything, really), with the right habits, the process can be smoother and far less stressful. The key? Transparency and preparation. By putting a…
Broker-dealer audits may seem overwhelming, but they can be much easier with good preparation, expert support, and a clear understanding of what regulators are looking for. When you know what to expect and work with a team that truly understands…
The accounting profession is undergoing a transformation, with today’s CPAs moving beyond compliance to become strategic advisors. In a recent episode of Entrepreneurial Thinkers with Rob Ryan, Richard Fleischman, CPA, an Audit Partner at Haynie, discusses how these changes help…
As 2025 draws to a close, individual taxpayers face a familiar but evolving tax landscape. Many provisions from the Tax Cuts and Jobs Act (TCJA) have been preserved or extended under the One Big Beautiful Bill Act (OBBBA), while a…
As 2025 draws to a close, business owners have more certainty regarding many tax provisions that were previously set to expire. The One Big Beautiful Bill Act (OBBBA), signed into law mid-year, preserved many provisions from the Tax Cuts and…
Hiring your child in your business is one of the most overlooked tax-saving strategies available to family-owned enterprises. And it’s not just about lowering taxes, although the tax savings can be substantial. When structured correctly, employing a child can also…
The short-term rental (STR) landscape has matured. What began as a way for homeowners to offset costs by renting out a spare room or vacation home has evolved into a highly scrutinized area of the tax code. Now, property owners…
