by groupm7 | Jun 11, 2025 | Blog
The U.S. House of Representatives passed its sweeping tax and spending bill, dubbed The One, Big, Beautiful Bill Act (OBBBA), by a vote of 215 to 214. The bill includes extensions of many provisions of the Tax Cuts and Jobs Act (TCJA) that are set to expire on...
by groupm7 | May 30, 2025 | Blog, Featured
We’re proud to share that Jana K. Broussard, CPA, President of Henry & Peters, has been named one of Forbes’ Best-In-State CPAs in its inaugural 2025 listing. This prestigious recognition places Jana among the top CPAs in the nation and honors her outstanding...
by groupm7 | May 29, 2025 | Blog
As the use of digital assets like cryptocurrencies continues to grow, so does the IRS’s scrutiny of how taxpayers report these transactions on their federal income tax returns. The IRS has flagged this area as a key focus. To help you stay compliant and avoid...
by groupm7 | May 29, 2025 | Blog
The IRS recently released the 2026 inflation-adjusted amounts for Health Savings Accounts (HSAs). Employees will be able to save a modest amount more in their HSAs next year. HSA basics An HSA is a trust created or organized exclusively for the purpose of paying the...
by groupm7 | May 29, 2025 | Blog
On May 12, 2025, the Financial Accounting Standards Board (FASB) finalized new guidance that clarifies how to identify the acquirer in mergers and acquisitions (M&As) involving variable interest entities (VIEs). The updated guidance brings much-needed...
by groupm7 | May 29, 2025 | Blog
The U.S. House of Representatives has passed its budget reconciliation bill, dubbed The One, Big, Beautiful Bill. Among other things, the sweeping bill would eliminate clean vehicle credits by the end of 2025 in most cases. If you’ve been pondering the purchase...
