The business mileage reimbursement rate increased effective 7/1/26. The 2026 IRS business mileage rate is now 76 cents per mile for eligible travel beginning July
- News Flashes
CategoryNews Flashes
The U.S. Department of Labor’s Office of Labor-Management Standards (OLMS) released a final rule effective July 1, 2026 that introduces a brand new Form LM-2
- Labor News, News Flashes
On Friday, May 29, 2026, the U.S. Department of Labor’s Office of Labor-Management Standards announced a new combined final rule which was published on Monday,
- Labor News, News Flashes
The Donna A. Hubert Memorial Scholarship Fund offers an annual renewable scholarship to women pursuing a career in accounting. Qualified applicants will be female undergraduate
- Legacy Firm News, News Flashes, Out and About, Press Releases
Following the February 18, 2025, decision by the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S. Department of
- News Flashes
The Beneficial Ownership Information (BOI) Reporting Requirements continue to evolve as it works its way through various judicial channels. Visit Beneficial Ownership Information Reporting |
- Emerging Tax and Regulations Alert, Individual Tax Alerts, News Flashes, Tax Info
Updates to Beneficial Ownership Information Reporting Deadlines – Beneficial Ownership Information Reporting Requirements Now in Effect, with Deadline Extensions In light of a December 23,
- Emerging Tax and Regulations Alert, Individual Tax Alerts, News Flashes, Tax Info
The Corporate Transparency Act (CTA) was enacted as part of the National Defense Act for Fiscal Year 2021. The CTA mandates entities report their beneficial
- Emerging Tax and Regulations Alert, Individual Tax Alerts, News Flashes, Tax Info
The following letter was sent via priority mail to Legacy clients who may be affected by this deadline: The Corporate Transparency Act (CTA) was enacted
- Emerging Tax and Regulations Alert, Individual Tax Alerts, News Flashes, Tax Info
From the IRS — Issue Number: IR-2024-288 WASHINGTON — The Internal Revenue Service will sponsor a free one-hour webinar designed to help the many businesses
- Individual Tax Alerts, News Flashes
The Internal Revenue Service (IRS) has issued final regulations that reduce the electronic filing threshold from 250 W-2s to 10 informational returns (such as Forms
- News Flashes, Tax Info
HB1197 was signed into law by the Governor on June 30, 2023. The bill changes the Illinois Charitable Audit Requirements. The Illinois Attorney General has
- News Flashes, Nonprofit Updates