Legacy Professionals News
Recent Updates
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Dave Zabrecky, Director of Compliance Services, will represent Legacy at the Illinois AFL-CIO Financial Reporting Seminars and present on the topic of IRS Reports. The
- Labor News, Out and About
You know your 2025 federal income tax return is due April 15, 2026. But do you know what else has an April 15 deadline? If
- Individual Tax Alerts
The many tax-related provisions that went into effect last year after the One Big Beautiful Bill Act (OBBBA) was signed into law are affecting 2025
- Individual Tax Alerts
You might be tempted to think that “accountability” is just the latest in a long line of management buzzwords. But if properly embraced, it can
- Nonprofit Updates
Raising a family comes with plenty of expenses, but it may also make you eligible for various tax breaks. Some of the most valuable are
- Individual Tax Alerts
An important decision to make when filing your individual income tax return is whether to claim the standard deduction or itemize deductions. A change under
- Individual Tax Alerts
Nonprofits of all sizes often receive donations of tangible property, from clothing and household goods to artwork and equipment. But determining how to value those
- Nonprofit Updates
If you itemize deductions on your 2025 individual income tax return, you potentially can deduct donations to qualified charities you made last year. But your
- Individual Tax Alerts
A new tax-advantaged way to help children build up savings for the future was created by the One Big Beautiful Bill Act (OBBBA): Trump Accounts
- Individual Tax Alerts, Tax Info
With cost-of-living concerns, interest rates and federal funding cuts continuing to be prominent in the headlines, many nonprofit leaders are understandably focused on external economic
- Nonprofit Updates
The IRS is opening the filing season for 2025 individual income tax returns on January 26. This is about the same time as when the
- Individual Tax Alerts
Eileen Brassil was appointed by the Board of Directors of the International Foundation of Employee Benefit Plans (IFEBP) to serve on its Professionals Committee as
- Employee Benefit Plan News, Legacy Firm News
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