For many people, the question of when to hire a CPA often comes up during tax season. But according to Larry Martin, a Hantzmon Wiebel Consultant, the better answer is often much earlier.

The December 2026, deadline for deferred capital gains in Qualified Opportunity Zone investments is approaching fast. In a recent episode of It Depends, tax partner Kendra Stribling breaks down what legacy investors need to know now and how new legislation creates fresh planning opportunities.

Strong financial reporting is one of the most powerful tools a nonprofit board has, but only when it's built to inform, not overwhelm. From cash clarity to forward-looking projections, the right reporting package helps board members ask better governance questions and make smarter decisions. Partner Matt Dean shares what every nonprofit should include in their board financial reporting package to drive clarity and confidence at every level of leadership.

Retirement plans are a valuable benefit, but staying compliant takes more than an annual audit. From misreading plan documents to unclear TPA responsibilities, small oversights can lead to costly corrections. Our Employee Benefit Plan team walks through the most common pitfalls and the steps you can take to stay ahead of them.

A midyear budget check-in helps you compare actual results to your plan, identify what’s driving performance, and adjust assumptions while there’s still time to respond. It keeps your budget relevant and supports better decisions through the rest of the year.

Audit season can feel disruptive, especially for small businesses. Tight timelines, document requests, and competing priorities can quickly add stress. However, with the right preparation and steady habits in place, audits do not have to derail your operations. When approached thoughtfully, they can run smoothly and even offer valuable insight into how your organization works.

One of the most impactful resolutions a business owner can make at the beginning of the year is to create or update a realistic budget. A well-designed budget should align with both growth objectives and profitability targets, serving as a roadmap for decision-making throughout the year.

Internal controls are the foundation of a reliable accounting system. They are the processes, policies, and activities an organization establishes to safeguard assets, ensure accurate financial reporting, support compliance, prevent fraud, and promote operational efficiency. When these controls function well, everyone understands their responsibilities, transactions are recorded accurately, and the organization avoids unnecessary accounting confusion.

As the year draws to a close, taxpayers have an important opportunity to review their financial situation and make strategic moves that can reduce their 2025 tax liability. Thoughtful year-end planning helps ensure that deductions are maximized, penalties are avoided, and long-term financial goals stay on track.

While charitable giving starts as a generous act and a way to support causes you care about, it can also optimize your tax strategy. Thoughtful planning allows you to make a meaningful impact on your community while leveraging potential tax benefits. Understanding the rules and opportunities surrounding charitable contributions is essential for maximizing both your generosity and your financial strategy.

For nonprofit organizations, compliance and transparency are essential to maintaining tax-exempt status and building trust with donors, grant-makers, and the public. One of the most important tools in this process is Form 990—the annual information return required by the IRS for all tax-exempt organizations.

When starting a business entity, one of the most important—and often overlooked—decisions is choosing the right structure. From sole proprietorships to LLCs to corporations, each business entity comes with different legal, operational, and tax implications.

For U.S. citizens and residents with foreign financial interests, understanding international tax obligations is more than simply good practice—it is essential for compliance. From income earned abroad to accounts held overseas, there are specific reporting requirements that, if overlooked, can lead to steep penalties.

Exiting a business involves more than selecting a date and placing the company on the market. It requires careful preparation—financially, operationally, and emotionally—to ensure a smooth and successful transition. A thoughtfully developed exit plan enables business owners to preserve value, maintain continuity, and part ways on their own terms. But too often, expectations around timing, ease, and outcomes don’t reflect reality.

Financial Planning and Analysis (FP&A) forecasting and planning goes beyond traditional budgeting. It’s a dynamic planning tool that helps organizations set realistic expectations, evaluate performance, and respond to changing circumstances. While budgets are often considered static documents meant to limit expenses, effective budgeting aligns both revenue and spending with an organization’s long-term goals.

While balance sheets and income statements are essential, financial reporting for nonprofits goes beyond just numbers on a page. It includes internal reports such as budget-to-actual comparisons, cash flow projections, functional expense allocations, and the integration of key metrics relevant to the organization.

When it comes to financial reporting, businesses and organizations often require attestation services, but there’s often confusion about what these services actually entail. Many people think they are undergoing an audit when, in reality, they are receiving a different level of service.

Every organization encounters risks, but not all risks are negative. Avoiding risk entirely can limit growth and prevent an organization from reaching its full potential. Instead, organizations must learn to navigate and manage risk effectively.

Besides that warm, fuzzy feeling one can get from giving to another, gift exchanges are typically not subject to taxation, presenting an attractive way to support another person or organization. Recipients are also never subject to taxation as a result of accepting a gift.

1031 exchanges are a provision in the tax law that outlines a tax-deferred transaction within the real estate industry. The provision states that if one were to sell a piece of property, they may reinvest that money into another property without…