2025 Tax Act Myths: Social Security Tax Rules Unchanged – New Senior Deduction October 23, 2025 Background Since the passage of the 2025 Act (formerly known as the One Big Beautiful Bill Act), …
Must We Provide Notice Before Discontinuing Matching Contributions Under Our 401(k) Plan? QUESTION: Our company sponsors a 401(k) plan and currently matches participants’ elective deferrals. Due to financial difficulties, however, management has …
What OBBB Means for Your Clients’ Itemized Deductions By Hilari Pickett, CPA, a Senior Specialist Editor with Thomson Reuters Tax & Accounting The 2025 Act (also referred to …
SEC Investor Advocate to Examine Risks of China-Based VIEs In a report to Congress, the Securities and Exchange Commission’s (SEC) Office of the Investor Advocate (OIAD) said that it …