What Taxpayers Should Know About a New Estate Tax Exemption in 2025
Preparing for estate taxes is something that all taxpayers need to think about and plan for, especially for those who intend to pass property or…
The R&D Payroll Credit: What Small Business Owners Need to Know
Innovation is critical in today’s competitive business landscape. Regardless of industry, proactively researching, developing and innovating can keep new ideas and products rolling in—making it…
Stay Audit-Ready: The Top Six Documents You Should Keep for the IRS
Corrigan Krause CPAs and Consultants explains why IRS audits happen and how proper documentation is key to addressing errors and ensuring compliance.…
Tax Credit Refund Scam: What Taxpayers Need to Know in 2025
Tax credits are designed to reduce tax burdens for certain expenses. Unfortunately, there is also a lot of misinformation online when it comes to who…
2024 Tax Changes Every Taxpayer Should Know Before Filing
For those looking to get a head start on their returns in 2025, there are some important changes to be aware of for the 2024…
Practical Cash Management Tips for Nonprofits
Tracking and managing finances is incredibly important for any organization—even a nonprofit one. And part of minding finances as a nonprofit is engaging in effective…
Child Tax Credit Changes for the 2025 Tax Year
The Internal Revenue Service (IRS) recently announced changes to some tax credits that will be enacted for the 2025 tax year. This means that these…
Using Funds From a 529: Important Things to Know
The cost of higher education continues to increase, with the average cost of college now hovering around $38,000 per student per year, according to the…
How Could the New Administration Impact the Construction Industry?
Now, as Donald Trump begin a new term as President of the United States, many working in the construction industry find themselves wondering what kinds…