News

New BOI Reporting Deadline

The injunction halting the Beneficial Ownership Information (BOI) reporting requirements has been lifted. Most business required to file initial, updated, and/or corrected BOI reports will now have ...

IRS IP PINs

The IRS IP PIN is a 6-digit number assigned to taxpayers to help prevent the misuse of their Social Security number (SSN) on fraudulent federal income tax returns. You are assigned an IP PIN when the ...

“2019 Payment Card Settlement” Deadline is 2/4/25

There is currently a $5.54 billion class-action settlement involving Visa and Mastercard, often referred to as the “2019 Payment Card Settlement.” The lawsuit is about claims that merchants paid ...

PPG Welcomes 2025 with New Partner

As we welcome in 2025, PPG Partners also welcomes in a new partner and celebrates a well-deserved retirement!

Congratulations to Ben Johnson, CPA, MBA, who has stepped into the role of partner. Ben ...

New IRS Regulations for 2025

The IRS has released updated regulations regarding the limits for 2025. These limits are reviewed annually and adjusted as needed to keep pace with inflation. The new limits and thresholds for 2025 ...

The SECURE 2.0 Act Changes - Part II

Effective January 1, 2025, there are two different catch-up contribution limits based on the age you  attain that year. The catch-up contribution limit you are familiar with will apply to ages 50-59 ...

The SECURE 2.0 Act Changes - Part I

The SECURE 2.0 Act passed in 2022 and made several changes to retirement plans that encourage taxpayers to contribute to their retirement. Various parts of the Act have been rolling out since it ...

Turkey Trivia

Turkey Trivia time! Throw this one out at the dinner table on Thursday to really impress your family (or not):



The U.S. is the world’s largest turkey producer and the largest exporter of turkey ...

Racine County Sales Tax

In October 2024, the Racine County Board of Supervisors voted to implement a 0.5% sales tax. The extra tax will go into effect in April 2025 and is expected to generate around $20 million for the ...

Charity and Disaster Fraud

Charity fraud schemes seek donations for organizations that do little or no work; instead, the money goes to the fake charity’s creator. While these scams can happen at any time, they are especially ...