Blog
Beyond Nexus: Why Multistate Sales Tax Compliance Requires a Broader Review
By Lisa PurichiaPartner, Director ofAccounting & RetirementPlan ServicesEmail Lisa Key Takeaways Some businesses may be able to eliminate sales tax registrations they no longer need, reducing filing and administrative costs. ...
Contine Reading Trump Accounts: What Families Should Know Before Contributing
By Liz Belcher, CPA, Partner Tax Services Email Liz Key Points Trump Accounts are a new tax-advantaged savings option for eligible children and may complement, rather than replace, existing planning strategies. ...
Contine Reading What Business Owners Need to Know About Charitable Giving Tax Changes in 2026
By Nick Hopkins, CPA, CFP®Partner, Director of Tax Services Email Nick Key Takeaways New charitable giving rules in 2026 affect both itemizers and non-itemizers, making documentation and planning more important than ...
Contine Reading Is Your Buy-Sell Agreement Up to Date?
By Jason Thompson, CPA/ABV, ASA, CFE, CFF Partner / Director of Valuation and Litigation Services Email Jason Key Points Buy-sell agreements work best when they evolve alongside changes in ownership, operations, and ...
Contine Reading Outgrowing Your Bookkeeper? 5 Signs It’s Time to Upgrade
By Lindsey Anderson, CPASenior Manager, AS & Tax ServicesEmail Lindsey Key Points Growing businesses often outpace basic bookkeeping systems without realizing it Delayed reporting and inconsistent data limit visibility and ...
Contine Reading What Is a Trump Account? Eligibility, Rules, and How to Apply
By Jake Atwood, CPATax ManagerEmail Jake Key Points Trump Accounts offer a new tax-advantaged savings option alongside 529 plans, Roth IRAs, and custodial accounts Trump Accounts can begin accepting contributions ...
Contine Reading Why Business Owners Should Know Their Company’s Value Long Before a Sale
By Christopher Sargent, CPA/ABV, AM Senior Analyst / Valuation and Litigation Services Email Christopher Key Points A business valuation supports planning decisions long before a sale is on the horizon ...
Contine Reading Scaling Your Business? Here’s How to Keep Your Operations in Sync
By Amy Conrad Manager, Accounting Services Email Amy Key Points Growth often exposes delays in month-end close, invoicing, and reporting Outsourced accounting through our Accounting Services team provides scalable processes ...
Contine Reading 5 Planning Priorities Every Business Owner Should Tackle in 2026
By Liz Belcher, CPA Partner, Tax Services Email Liz Key Points Permanent tax provisions allow business owners to plan with greater confidence Growth plans require budgets and cash flow that ...
Contine Reading Year-End Planning for Updated Research and Experimental Costs and Equipment Expensing
By Nick Hopkins, CPA, CFP® Partner, Director of Tax Services Email Nick Key Points The repeal of Section 174 amortization allows businesses to fully deduct 2025 research and experimental costs ...
Contine Reading Mandatory Roth Catch-Up and 2026 IRS Limit Changes
By Bill Barks Director, Retirement Plan Services Email Bill To all clients sponsoring a 401(k) Plan: We want to make you aware of an important update related to the Mandatory Roth ...
Contine Reading OBBB Payroll and Overtime Changes: What Employers Need to Know
By Tina Kelly, Manager, Accounting Services tkelly@sponselcpagroup.com Key Points The One Big Beautiful Bill (OBBB) introduces new payroll reporting requirements beginning in 2025. Employers must track and report qualified overtime ...
Contine Reading Navigating the QuickBooks Desktop Phase-Out: What Business Owners Need to Know
By Jeremy Kauffman, AS Manager jkauffman@sponselcpagroup.com Key Points QuickBooks Desktop support is ending, and most businesses must now decide whether to migrate to QuickBooks Online or upgrade to Enterprise. Payroll ...
Contine Reading Succession Planning in Family-Owned Businesses: Strategies for a Smooth Transition
By Jason Thompson, CPA/ABV, ASA, CFE, CFF Partner, Director of Valuation & Litigation Services Email Jason Succession planning is not just about handing the keys to the next generation. It ...
Contine Reading Tax Planning Amidst Legislative Changes: What Business Owners Should Know
By Nick Hopkins, CPA, CFP® Partner, Director of Tax Services Email Nick Federal tax reform is no longer on the horizon—it’s here. With President Trump signing the “One Big Beautiful ...
Contine Reading The One Big Beautiful Bill Becomes Law: A Detailed Tax Breakdown for 2025 and Beyond
On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBB) into law, enacting one of the most comprehensive tax packages since the Tax Cuts and Jobs ...
Contine Reading The “One Big Beautiful Bill” Signed Into Law—Major Tax and Policy Changes Now Official
On July 4, President Trump signed the much-anticipated “One Big Beautiful Bill Act” (OBBB) into law, following approval by both the Senate and the House of Representatives. This sweeping legislation ...
Contine Reading June 2025 Newsletter
In this month’s newsletter, you can read about mentorship, 401(k) audits and what the Sponsel team is up to outside of work!
Contine Reading Mentors Come in Many Forms
By Liz Belcher, CPA Partner, Tax Services Email Liz With aspiring professionals graduating and summer internships starting, now is a good time to remember the importance of mentorship. When young ...
Contine Reading Prepare Your Summer 401(k) Audit With Sponsel
By Eric Woodruff, CPA, CCIFP Partner, Director of Audit & Assurance Services Email Eric Does your company’s 401(k) or retirement plan now have 100 or more participants? The Department of ...
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