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When we start planning for a new year, things often look rosy. We might set sweeping goals and make ambitious projections. Then, the reality of life settles in. As the year gets underway, the busyness that comes with running a business has probably already presented an obstacle. That means its time to prioritize. As you choose where youll focus the time and energy you actually have in 2025, make sure you include one category: financial management.
What even is happening. WSJ dropped an exclusive today : Accounting firm Moss Adams is in advanced talks to receive private-equity investment through a merger with peer Baker Tilly, people familiar with the matter said. The combined firm would be led by senior leadership from both organizations, one of the people said. We’re told by a tipster that CEO emails have already gone out to staff so it seems legit.
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Acting IRS commissioner Melanie Krause reportedly intends to resign after a deal with the Department of Homeland Security to use IRS data for immigration enforcement.
Acting IRS commissioner Melanie Krause reportedly intends to resign after a deal with the Department of Homeland Security to use IRS data for immigration enforcement.
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Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
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Melanie Krause, who took over as acting IRS commissioner in February, is stepping down after the agency reached an agreement with the Department of Homeland Security to share the data of immigrants in the U.S. illegally to assist with immigration enforcement.
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The law known as the Tax Cuts and Jobs Act (TCJA) included some major changes to the Internal Revenue Code, but not all of them are here to stay. A number of significant provisions are set to expire after 2025, having significant impact on law firms, their employees, and their clients. Although Congress may act to extend some or all of them, it is important to know which provisions are expiring that may affect your tax planning.
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They say money cant buy happiness But it can buy you a good CPA which is basically the same thing in April. Because on a serious note, its hard to have peace of mind about your Skagit County businesss finances if your taxes arent squared away. The threat of IRS penalties doesnt generally lend to peace of mind, in my experience. Your best move at this point (with the tax deadline only about a week away ) is to file an extension.
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