A CPA's Two Cents

2025 Year-End Guide: Financial Statements

2025 Year-End Guide: Financial Statements

The tax function is under increasing pressure. Legislative changes and new disclosure rules will make accounting for income taxes more complex and challenging. Plus, it’s not enough to be...

2025 Year-End Guide: State and Local Taxes

2025 Year-End Guide: State and Local Taxes

State and local tax (SALT) issues consistently rank among the top concerns of tax and finance professionals. The 2025 BDO Tax Strategist Survey found that the most prevalent issues in audits and...

2025 Year-End Guide: Compensation and Beneftis

2025 Year-End Guide: Compensation and Beneftis

Human capital challenges remain at the forefront as private companies look to retain and attract talent and leverage tax rules to efficiently offer competitive equity and benefit programs. This...

2025 Year-End Guide: Customs and Trade

2025 Year-End Guide: Customs and Trade

The current trade environment is marked by rapid and often unpredictable changes, posing significant challenges for businesses. Since the Trump administration took office in January, the...

2025 Year-End Guide: Transfer Pricing

2025 Year-End Guide: Transfer Pricing

Transfer pricing is consistently one of the top tax issues facing multinational public companies. According to statistics from the Census Bureau, nearly half of all import and export activity...

2025 Year-End Guide: International Tax

2025 Year-End Guide: International Tax

International tax planning is becoming both more complex and more important. Major changes to foreign currency and digital content rules will have a significant impact across a broad range of...

2025 Year-End Guide: Capital Markets and M&A

2025 Year-End Guide: Capital Markets and M&A

The current capital markets environment remains marked by volatility, persistent inflationary pressure, and structurally higher interest rates. Companies are facing less predictable financing...

2025 Year-End Guide: Credits and Incentives

2025 Year-End Guide: Credits and Incentives

With all the challenges facing private companies this year, they must leverage every available tax benefit. Fortunately, lawmakers have packed the Code with credits and incentives to reward...

2025 Year-End Guide: Partnerships

2025 Year-End Guide: Partnerships

Over the last several years, the IRS has been ramping up its scrutiny of partnership tax positions. Part of this effort included comprehensive basis shifting guidance issued in the summer of...

2025 Year-End Guide: Income Taxes

2025 Year-End Guide: Income Taxes

Regardless of whether your company is taxed as a C corporation at the 21% rate or organized as a pass-through, the rules for calculating and recognizing income have changed significantly. The One...

2025 Year-End Tax Planning For Individuals

2025 Year-End Tax Planning For Individuals

With the passing of the One Big Beautiful Bill Act (OBBBA), the Federal Reserve cutting interest rates, and inflation showing signs of moderating, tax planning remains as important as ever for...

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