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 [...]
Starting September 30, 2025, the IRS and other federal agencies will no longer accept or issue paper checks. This change is part of a government-wide modernization initiative aimed at improving security, reducing costs, and streamlining financial operations. The AICPA has been actively trying to delay the implementation of this [...]
As tax season ramps up, accountants and business owners alike are navigating a flood of transactions. Between reconciling books, preparing financial statements, and ensuring compliance with IRS guidelines, manually categorizing every bank feed entry in QuickBooks® Online (QBO) can be a time-consuming burden. That’s where Rules come in. QuickBooks® [...]
As the year winds down, many professionals begin to reflect on their career paths and consider what’s next. If you're hoping to take the next step in your career and move up the corporate ladder, it’s essential to understand what managers look for in high-potential employees. Whether you’re aiming [...]
The heating, ventilation, and air conditioning (HVAC) industry is a lucrative and essential sector, making HVAC businesses attractive for buyers and sellers alike. Whether you are considering purchasing an HVAC company or preparing to sell one, conducting thorough financial due diligence is crucial to ensuring a successful transaction. Here [...]
As a reminder, 2025 3rd quarter estimates are due September 15th, 2025. Your 2025 quarterly estimated coupons and instructions would have been included with your completed 2024 tax return, if applicable. The 3rd quarter estimate payments can be made online or mailed via check and should be postmarked no [...]
The Massachusetts Department of Revenue (DOR) has finalized regulation 830 CMR 62B.2.4, which establishes new rules for withholding on the sale of Massachusetts real estate by non-resident taxpayers. These rules will take effect for closings on or after November 1, 2025 and apply to transactions with a gross sales [...]
Every career experiences its highs and lows, but when challenging times arise, staying motivated can become a daunting task. Whether it’s navigating heavy workloads, dealing with difficult clients, or facing unexpected obstacles, it’s easy to lose sight of your goals. However, it’s important to remember that staying motivated during [...]
