R&A CPAs blog

Key Provisions of the New Tax Act

  On July 4, 2025, Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law. At the center of the bill is the extension of many provisions of…

OBBBA – Tax Treatment of R&D Expensing and Bonus Depreciation

The One Big Beautiful Bill Act (OBBBA) significantly impacts the tax treatment for businesses of research and development (R&D) expense and bonus depreciation. These new provisions offer substantial benefits and …

July 2025 Newsletter

What is The Difference Between a Public Charity and a Private Foundation?

If you listen to public radio, you have probably heard an announcement that programming is supported by an organization such as the Jane Doe Private Foundation or the Smith Family…

Meet Lisset Anderson – Supervisor, Client Services

Lisset Anderson is a Supervisor in Client Services and has been a member of the R&A team since 2018. Lisset supports R&A’s clients, responding to questions, and ensuring client satisfaction.…

The Fraud Diamond

First, there was the Fraud Triangle. Then came the Fraud Diamond. David Wolfe and Dana Hermanson, the authors of “The Fraud Diamond: Considering the Four Elements of Fraud” (2004), created…

Employee Gift Matching Programs: Benefits and How-Tos

Employee gift matching is a powerful philanthropic strategy that involves companies pledging to match the charitable contributions their employees make to non-profit organizations.  General Electric created the first known gift…

Understanding the Rising Threat of Deepfake Fraud

Fake or doctored images appear all over the internet and on our phone and computer apps these days. Some are harmless and entertaining. See how you will look as you…

Strengthening the Foundation: A CFO’s Perspective on the Importance of Internal Controls

In our article last month, “Why More Businesses are Turning to Fractional CFO Services,” we shared that many growing businesses lack the sophisticated financial controls and systems that are needed…

Navigating Financial Complexity in Construction: Strategies for Cash Flow, Cost Control, and Long-Term Profitability

Construction professionals operate in one of the most financially complex industries, where managing cash flow and cost control from job to job creates fluctuating liquidity patterns unlike any other sector.…

Do You Need to Make Estimated Tax Payments?

June 4, 2026

The US tax system requires taxpayers to pay tax on income as it is received during the year—paying estimated taxes through the year helps you avoid some potentially significant IRS penalties and interest. Click for what you need to know.

Top HOA Fraud Risks and Why Financial Statement Audits Matter

June 4, 2026

Fraud can occur in any Homeowners Association (HOA). Understanding where fraud tends to show up and what financial statement audits can reveal can help boards strengthen oversight and better protect community funds.

How to Structure Real Estate Investments for Maximum Tax Efficiency

May 7, 2026

The structure behind real estate investment is key—the difference between a well-structured investment and a poorly structured one can be significant. Click for the details.

Why Some Taxpayers May Need to File Amended 2025 Arizona Tax Returns

May 7, 2026

States can create their own tax laws—and that adds complexity for taxpayers who must file both federal and state tax returns. Click for more information and some specifics for Arizona.

Does my Business Need Cyber Liability Insurance?

May 7, 2026

Because the financial consequences of a cyberattack can be devastating, business owners must consider what they can do to manage risk and mitigate damage. Cyber liability insurance is an option we recommend.

IRS to Revise Nonprofit Tax Returns

May 7, 2026

New proposed changes to Form 990, which is filed by not-for-profit organizations, will focus on making an organization’s use of funds more transparent. Click for more details.

What OBBBA Tax Changes Take Effect in 2026?

May 7, 2026

January 1 ushered in a new set of provisions resulting from the One Big Beautiful Act that will influence what 2026 looks like. You will want to pay attention now, before the year gets too far along.

April 2026 Newsletter

April 9, 2026

Understanding the Federal R&D Tax Credit

April 9, 2026

At its core, the federal R&D tax credit, enacted in 1981 to stimulate innovation and business investment, provides dollar-for-dollar savings tied to qualified research activities. It is now complemented by similar tax credits in many states and, together, federal and state credits can amount to as much as 20 percent of the costs incurred in…