February 19, 2026 By Newburg | CPA Staff As part of the recently enacted One Big Beautiful Bill Act (OBBBA, P.L. 11921), significant federal tax changes are on the horizon for employers, employees, and payroll systems. These updates—effective 2025 through 2028—introduce new deductions for workers who earn tips or overtime, as [...]
Early in your public accounting career, it’s easy to feel pressure to choose the “perfect” firm—Big Four or regional, national brand or local presence. But the truth is simple: Your first five years matter far more than the size of the firm. What shapes your career isn’t the logo [...]
February 16, 2025 By Newburg | CPA Staff The 2025 legislative updates to Qualified Small Business Stock (QSBS) introduced several changes that may enhance planning opportunities for founders, early employees, and investors. The updates broaden eligibility, increase the potential for tax‑favored gains, and provide additional flexibility for individuals preparing [...]
When choosing a public accounting firm, it’s easy to focus on numbers—salary, client portfolio, and career advancement opportunities. While these factors are important, there’s one element that can make or break your experience: firm culture. Culture influences everything, from daily interactions and teamwork to long-term career satisfaction and professional [...]
Working at a mid-sized CPA firm offers a unique professional environment. You often get the variety of work found at larger firms, but with the personalized culture and closer client relationships typically seen at smaller firms. To thrive in this setting, you’ll need a combination of technical expertise, interpersonal [...]
December 11, 2025 By Newburg | CPA Staff This updated brief reflects the latest IRS guidance and legislative changes affecting information returns for tax years 2025 and 2026, including the One Big Beautiful Bill Act (OBBBA). Form 1099-NEC — Non-employee Compensation Form 1099-NEC is used to report payments of [...]
November 25, 2025 By David R. Natan, CPA, MST, CVA The Research and Development (R&D) tax credit remains a vital component of U.S. tax policy, designed to promote innovation and technological advancement. This dollar-for-dollar federal tax credit, often supplemented by state benefits, supports companies engaging in qualified research activities. Businesses [...]
November 20, 2025 Starting January 1, 2026, the Massachusetts Department of Family and Medical Leave (DFML) will implement new rules impacting tax treatment of PFML benefits and employer responsibilities. Key Changes: Medical Leave Benefits paid under the state-administered PFML program are now considered taxable wages for federal purposes as [...]
Big changes are on the horizon for the CPA profession—and they’re aimed at expanding opportunity, reducing barriers, and keeping the pipeline of accounting talent strong. On May 14, 2025, the AICPA and NASBA approved updates to the Uniform Accountancy Act (UAA) that introduce a new pathway to CPA licensure—one [...]
By David R. Natan, CPA, MST, CVA | October 8, 2025 When you're considering buying a business, the financials play a pivotal role in helping you determine whether the investment is worthwhile. Understanding key financial ratios will not only help you assess the potential of the business but also enable [...]
