ArticleYour Guide To SECURE Act Updates And IRS Form 5500 ChangesThe SECURE Act and SECURE 2.0 Act have expanded access to retirement plans for long-term, part-time employees (LTPTs), who must now be included...United StatesEmployment and HRMGO CPA LLP
ArticleIRS Rolls Out Updated Extension Request Pathway For Denied ERC Refund ClaimsThe IRS has introduced a new administrative pathway for taxpayers facing imminent deadlines on denied Employee Retention Credit claims, allowing them to request extensions without immediately filing costly lawsuits. This development addresses the overwhelming backlog at the Independent Office of Appeals and provides relief for taxpayers caught between abandoning legitimate claims or incurring litigation expenses. Understanding eligibility requirements and submission procedures through Form 907 is essential United StatesTaxMGO CPA LLP
ArticleUnlock Savings With State And Local Tax Credits And IncentivesState and local tax (SALT) credits and incentives programs continue to be underutilized by taxpayers. Despite the substantial value they can add for businesses, BDO's 2024 CFO Outlook Survey.United StatesTaxMGO CPA LLP
ArticleWhy Financial Credibility Impacts Who Gets Funded In CannabisAccess to capital in the cannabis industry is increasingly driven by financial credibility, not just market opportunity or growth potential.United StatesAccounting and AuditMGO CPA LLP
ArticleCalifornia Employers: Did You Miss The CalSavers Deadline?CalSavers is a state-administered retirement savings program that requires California employers who do not offer a qualified retirement plan to facilitate employee participation in the program.United StatesEmployment and HRMGO CPA LLP
Article3 Game-Changing Financial Tips For Student Athletes Scoring NIL DealsYou are a talented young athlete with a growing public profile. You've just been offered a Name, Image, and Likeness (NIL) deal, an opportunity that can put some extra money in your pocket or even.United StatesMedia, Telecoms, IT, EntertainmentMGO CPA LLP
ArticleBeyond Tax Season: The Value Of Year-Round Tax PlanningFor many people, tax planning starts when deadlines loom. However, for businesses and individuals with large assets to protect, waiting until spring is a missed opportunity.United StatesTaxMGO CPA LLP
ArticleHow Your Company Can Benefit From CA’s New R&D Credit RulesCalifornia manufacturers now have access to a new method for calculating R&D tax credits that could significantly increase their benefits while reducing documentation requirements.United StatesTaxMGO CPA LLP
ArticleLegislative Roundup: Final Spending Bills Cut IRS Funding And Omit Tax PrioritiesThe new spending agreement cuts IRS funding to $11.2 billion for fiscal year 2026 and rescinds $11.7 billion in remaining Inflation Reduction Act enforcement funding.United StatesTaxMGO CPA LLP
Article5 Hidden Risks That Derail M&A DealsInconsistent financial records and overstated revenue quickly erode buyer trust, often reducing offers or derailing negotiations. United StatesCorporate/Commercial LawMGO CPA LLP
ArticleCFOs: Prepare Your Company For IRS Transfer Pricing Audits And Mitigate RiskIn today's global tax environment, transfer pricing has become a critical focus for tax authorities. With multinational companies operating across multiple jurisdictions...United StatesTaxMGO CPA LLP
ArticleNavigating Regulatory Challenges In R&D Tax Credit ClaimsR&D tax credits can offset a company's qualified research expenditures, with more than $10 billion in credits claimed annually.United StatesTaxMGO CPA LLP
ArticleNew Rules Simplify Section 751 Exchange ReportingPartnerships dealing with Section 751(a) exchanges — those involving so-called "hot assets" like unrealized receivables or inventory items — have faced mounting reporting complexity over the past several years.United StatesTaxMGO CPA LLP
ArticleCannabis Rescheduling: Key Tax And Financial Considerations For Your BusinessThe federal government's potential move of cannabis from Schedule I to Schedule III could have tax and operational implications for your business.United StatesCannabis & HempMGO CPA LLP
ArticleERC Audits Are Escalating: What CFOs Need To KnowFor most companies that claimed the Employee Retention Credit (ERC), the checks have long since cleared. But now the IRS is focusing on next steps — eligibility, substantiation, and calculation accuracy.United StatesEmployment and HRMGO CPA LLP
ArticleHow To Protect Your Tribal Casino’s Financial SystemsYour Tribal casino’s financial systems do more than track revenue. They help fund essential Tribal services — from education and healthcare to infrastructure and cultural programs.United StatesTechnologyMGO CPA LLP
ArticleHow Your School District Can Quickly Comply With HB 96Ohio's House Bill 96 (HB 96) introduces new cybersecurity compliance and incident reporting requirements for public school districts.United StatesTechnologyMGO CPA LLP
ArticleMastering ERP Transformation For Your Public AgencyLegacy enterprise systems can limit transparency, efficiency, and accountability in today's data-driven environment.United StatesStrategyMGO CPA LLP
ArticleLive Streamers: Are You Managing Your Business Like A Pro?Live streamers are evolving into powerful digital brands, and managing your growth like a business is essential for long-term success.United StatesTaxMGO CPA LLP
ArticleWhy Outsourcing Is Becoming The Next Evolution For Family OfficesFamily offices are grappling with mounting operational complexity, talent shortages, and succession challenges that strain traditional in-house models. As wealth structures expand across investments, entities, and philanthropic activities, many families are reconsidering whether every function should remain internal or if outsourced support could provide stronger continuity, specialized expertise, and improved coordination.United StatesWealth ManagementMGO CPA LLP