by Ericksen Krentel CPAs | Dec 13, 2025 | Assurance, Construction, Healthcare, Hospitality, Maritime, Nonprofit, Tax
Here’s a summary of the 2026 cost-of-living adjustments (COLA). These adjustments announced by the Internal Revenue Service (IRS) and the Social Security Administration (SSA) have a wide-ranging impact, including the savings rate for retirement plans. We will...
by Lee Klumpp | Dec 9, 2025 | Accounting, Advisory, Assurance, Nonprofit
As nonprofits navigate a complex landscape shaped by economic volatility, delayed government reimbursements, philanthropic shifts, and increasing service demands, maintaining operational continuity requires more than reactive budgeting. It requires a forward-looking...
by Norma Sharara | Dec 9, 2025 | Assurance, Construction, Healthcare, Hospitality, Maritime, Nonprofit
The IRS released final regulations on September 16, 2025, that significantly impact catch-up contributions for employees making salary deferrals into 401(k), 403(b), or governmental 457(b) retirement plans. Catch-up contributions are amounts that employees who are age...
by Holly Carr, Amy Rojik, and Kevin Abikoff | Dec 9, 2025 | Advisory, Construction, Consulting, Healthcare, Hospitality, Maritime, Nonprofit, Tax
How much is fraud costing your organization? The Association of Certified Fraud Examiners (ACFE) in their biannual 2024 Report to the Nations indicated organizations lose 5% of their revenue to fraud each year. In a time when fraudulent activities are viewed as on the...
by Lee Klumpp | Oct 10, 2025 | Assurance, Nonprofit
As donor expectations, grant compliance requirements, and regulatory scrutiny continue to rise, audit readiness has become a strategic imperative for nonprofit organizations. For controllers, CFOs, and finance directors, being “audit ready” is not just about preparing...
by Mariano Sori-Marin and Shirley Wei | Oct 9, 2025 | Construction, Healthcare, Hospitality, Maritime, Nonprofit, Tax
State tax laws are evolving rapidly, with broadening nexus standards, shifting apportionment rules, aggressive enforcement tactics, and growing divergence from federal standards. As a result, companies operating across multiple U.S. states face an increasingly complex...