In the wake of the Office of Management and Budget's (OMB) recent directive to temporarily halt federal financial assistance, federal agencies are now under a tight deadline to conduct a detailed analysis of their programs.
Read MoreAs we step into 2025, the importance of cybersecurity for nonprofit organizations cannot be overstated.
Read MoreThe Corporate Transparency Act is actively ongoing, and businesses are required to meet its mandates by March 21, 2025. Yet, the landscape is dynamic, with legal and political challenges unfolding that could influence how these rules are enforced.
Read MorePenetration testing (pen testing) is crucial for nonprofit organizations to enhance their cybersecurity measures. It involves simulating cyberattacks to identify vulnerabilities, helping nonprofits protect sensitive data, maintain donor trust, and prevent financial losses.
Read MoreThere are complexities to federal income tax rules for individual taxpayers facing substantial business losses. We explain the disallowance rule for excess business losses, the limitations on deducting net operating losses (NOLs), and how these rules apply to partnerships, LLCs, and S corporations.
Read MoreIn 2025, government agencies must prioritize cybersecurity with proactive risk management, rapid threat response, and continuous employee training to defend against a rising wave of cyberattacks.
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