Originally, the EBL was set to expire in 2028; however, the bill has made the limitation permanent.

The IRS and most states require that taxes that will be due for the upcoming year be paid in advance, so taxes due in April 2026 for the year 2025 need to be paid during the 2025 calendar year.

HHM CPAs’ own Erica Smith, CPA, shares her perspective on how intentional communication shapes strong, effective leaders.

When someone has been with your company for decades and announces they are going to retire, it’s a big event which needs to be handled more seriously than a routine replacement.

Beginning January 1, 2026, new rules under SECURE 2.0 will significantly change how certain employees make catch-up contributions to retirement plans. Highly Paid Individuals (HPIs) will be required to make their catch-up contributions on a Roth basis.

The OBBBA’s permanent increase in the federal estate and gift tax exclusion to $15 million per individual opens new opportunities for high-net-worth clients but also requires a thoughtful review of existing plans.