IRS to Go Paperless Starting in 2024
A more tech-savvy IRS? That’s the plan, and it’s happening soon. In the 2024 tax filing season, taxpayers will have the option to go entirely paperless with the IRS.
Real estate industry outlook
In our 2023 real estate industry outlook, we explore what's ahead for middle market business leaders.
Construction project demand heightens need for “contech” adoption strategies
For the construction industry, the need for contech adoption will continue to increase amid an influx of projects and skilled labor shortage.
New Sales Tax Exemption for the Automobile Repair Industry
In good news for the automobile repair industry, Virginia has enacted a new sales tax exemption for separately stated labor charges rendered in connection with diagnostic labor services for auto repair work and emergency roadside service for motor vehicles, even if tangible property is sold as part of the transaction.
New bank guidance: Regulators share direction on third-party risk management
Regulators share direction on risk management strategies for banks when partnering with third-party organizations.
SEFA Preparation Best Practices
As our government clients strive to optimize the way they manage finances, compliance with Office of Management and Budget (OMB) requirements is critical. When it comes to the Schedule of Expenditures of Federal Awards (SEFA), it’s important to implement procedures that ensure an accurate and complete SEFA.