U.S. Multinationals Face New Tax Rules Under OBBBA August 18, 2025 By: Meeta Jain The Public Law No. 119-21, One Big Beautiful Bill Act (OBBBA), introduces major changes to … Read More
FASB Issues Updated Guidance on ASC Topic 326: Measurement of Credit Losses August 11, 2025 By: Claudia R. Wolter In response to feedback from private company stakeholders, the Financial Accounting Standards Board (FASB) issued … Read More
SECURE Act 2.0: Key Changes to Employee Benefit Plans Audits July 15, 2025 By: Katie Fortwengler Passed in December 2022, the Secure Act of 2022 (Secure 2.0) is a comprehensive retirement … Read More
Maryland’s New Tech Services Tax Takes Effect July 1 July 1, 2025 By: Adrienne G. Schlenker Starting July 1, 2025, Maryland will begin taxing a wide range of technology-related services. A … Read More
2025 Maryland Tax Law Changes: What You Need to Know May 28, 2025 By: Adrienne G. Schlenker The Maryland General Assembly passed a sweeping package of tax changes during the 2025 legislative … Read More
Changes to Premium Tax Credit Could Increase Penalty Risk for Some Businesses December 11, 2024 The premium tax credit (PTC) is a refundable credit that helps individuals and families pay … Read More
ASC-606 and Evaluating Variable Consideration December 11, 2024 Construction contractors are usually well-versed in contracts; however, the new revenue recognition standard will necessitate … Read More
How The SBA Standards For SMBs Impact GovCons November 20, 2024 The United States Small Business Administration (SBA) plays a pivotal role in shaping the landscape … Read More
KatzAbosch celebrates 55th Anniversary and Alvin Katz’s Retirement November 4, 2024 This November, as we celebrate our 55th Anniversary, we’re filled with gratitude for the remarkable … Read More