Beginning January 1, 2027, businesses that sell software or Software-as-a-Service (SaaS) to customers in California (or businesses that purchase it) will be subject to the state’s sales and use tax for the first time. This change comes as part of California’s state budget, signed on June 29, 2026. Senate Bill 122 (S.B. 122) extends California’s […]
Read This InsightU.S. Customs and Border Protection (CBP) activated the Consolidated Administration and Processing of Entries (CAPE) functionality in the Automated Commercial Environment (ACE) on April 20, 2026, marking the first operational mechanism for processing refunds of duties paid under tariffs illegally imposed pursuant to the International Emergency Economic Powers Act (IEEPA).
Read MoreThe One Big Beautiful Bill (OBBB), enacted on July 4, 2025, introduced a new type of individual retirement account specifically designed for children under the age of 18.
Read MoreAs our lives become increasingly digital, estate planning must evolve to keep pace. Here are answers to a few common questions about estate planning for your digital assets.
Read MoreIf your nonprofit relies heavily on a few funding sources, it may be time to diversify your revenue streams. Here’s how.
Read MoreBeware, small business owners: As your workforce grows, ACA compliance can become a costly surprise without proper planning.
Read MoreHow does Lumsden McCormick navigate the unique landscape of the accounting industry in 2026? Managing partner Sara Dayton, CPA and COO Stephanie Wilkinson SHRM-CP, SPHR, PAFM joined David E.
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