Getting married triggers significant tax changes that catch many couples off guard, from a new filing status that takes effect the moment you say “I do,” to withholding gaps that can result in an unexpected tax bill in April. Beyond filing and withholding, newlyweds also need to address name and address updates, healthcare coverage decisions, HSA eligibility changes, and dependent-related credits before year-end. Tackling these adjustments proactively, rather than waiting until tax season, helps couples avoid penalties, protect their refunds, and start their financial life together on solid footing.
Mergers and Acquisitions: How They Impact Retirement Plans
A merger or acquisition can create significant retirement plan issues, even when the business transaction itself seems straightforward. The buyer, seller, and their advisors should address retirement plans early, because the deal structure may determine whether a plan is maintained, merged, terminated, spun off, or left behind. Why Deal Structure Matters. In a stock purchase… [keep reading…]
Rob Kind Named to Forbes Best-In-State CPAs List
Rob Kind, CPA, Managing Shareholder, named to Best-In-State CPAs list from Forbes for 2026. Forbes ####
Filed an Extension? How to Use the Time Between Now and October 15th
Filing a tax extension buys you time, but only if you use it wisely. From revisiting your April payment estimate to gathering missing documents and staying on top of current-year obligations, the months between now and October 15th are a valuable planning window. Read on to learn how to make the most of your extension and avoid a costly repeat of the same tax challenges next year.
A Financial Guide for Heirs Navigating Inherited Assets
Inheriting assets involves complex tax rules and time-sensitive decisions that can impact your financial outcome. This guide covers what heirs need to know about real estate, retirement accounts, and other inherited assets.
Potential Refund Opportunities for IRS Interest and Penalties Following Kwong v. United States
It is important for you to be aware that a recent federal court decision in Kwong v. United States (“Kwong”) has opened the door for certain taxpayers to pursue refunds of IRS-assessed interest and penalties, particularly in situations involving late payment or estimated tax underpayments during the period between 1/20/2020 and 7/11/2023. While the ruling… [keep reading…]
Combo Plans: What Advisors Need to Know
For the right employer, a “combo plan” can create a powerful opportunity to increase deductible contributions and accelerate retirement savings. What is a Combo Plan? A combo plan generally combines a defined contribution plan and a defined benefit plan for the same employer or controlled group. A common combo design pairs a safe harbor 401(k)… [keep reading…]
Client Advisory: IRS CP53E Letters and Emerging Scam Activity
In recent weeks, we have seen an uptick in scam activity involving IRS Notice CP53E from the Internal Revenue Service. While CP53E letters are a legitimate form of IRS correspondence, fraudsters are exploiting them to obtain sensitive financial and personal information from taxpayers. Scammers replicate the format and language of official IRS notices to create… [keep reading…]
April 14, 2026 – Heather Mallette, Manager, in the Times Union
Higher SALT cap could mean bigger tax breaks for certain Capital Region filers “It’s great to see taxpayers getting a benefit from the state taxes they’re paying,” Mallette said. The enhanced deduction for seniors, no tax on overtime and no tax on tips have all been benefiting taxpayers who haven’t hit the income phaseout limits…. [keep reading…]
Registration Deadline: New York Secure Choice
Did you know that New York State’s retirement savings program registration deadline is less than a month away. Register before the deadline of May 15th, 2026, with New York Secure Choice and invest in your employee’s future success. If you are an employer and your company has 10 or more employees, have been in business… [keep reading…]