Federal Administration Releases 2024 Budget and Revenue Proposals

In March 2023, the Federal Administration unveiled a budget proposal for fiscal 2024 that would reduce the federal deficit by nearly $3 trillion over 10 years, primarily by raising taxes on high-net-worth individuals and large corporations. 

We provide a summary of the proposed changes plus details for corporations, partnerships, individuals with a focus on estate planning, and international tax matters.

Read Proposed Federal Administration '24 Budget Proposal 

Read the Proposed Tax Provisions for:

Importance Record Retention Guidelines: What to Keep, How Long, and Where to Keep Them

Keeping tax records is crucial for everyone. Be aware of what documents need to be kept, how long, and where to keep them.

Read Record Retention

Managing Cash Flow to Improve Operations and Future Growth

Cash flow is important to every business.  Explore these strategies to improve cash flow and overall efficiencies.

Read Managing Cash Flow

Q2 Tax Deadlines for Employers and Businesses

Mark your calendar for the important 2^nd quarter tax deadlines.

Read Q2 Deadlines

What's Happening 📰

Family Business Table of Experts Panel

Succession and tax planning are essential for family-owned businesses to successfully transition their businesses to the next generation. Cheryl Jankowski, CPA, Partner took part in a family business panel that shares strategies for success including managing expectation of the transition of power between the generations.

Read Full Panel Summary