Insights
Welcome to Verity CPAs Insights—a resource designed to keep you informed and empowered in the ever-evolving world of finance, tax, and business strategy. Here, you’ll find expert articles, industry updates, and practical tips curated to help you make smarter financial decisions, stay compliant, and unlock growth opportunities. Whether you’re an individual, a small business owner, or part of a large organization, our insights are tailored to address your unique needs and challenges, helping you stay ahead with clarity and confidence.
2026 Midterm Election: What it Means for Taxes
Democrats are projected to control Congress in 2027. Learn what the 2026 midterm election means for year-end tax planning and...
Read MoreTax Alert: Disaster Loss Deduction and Wildfire Relief Payments Extended Through 2026
Disaster losses are deductible again, and qualified wildfire relief payments are now excluded from income. What individuals should check before...
Read MoreClean Energy Credits After OBBBA for Tax-Exempt Entities
Changes under the OBBBA have increased the importance of early planning and project timing for tax-exempt organizations pursuing clean energy...
Read MoreTax Alert: Common Cents Act Passes Congress, Sets Cash Rounding Rules
Congress passed the Common Cents Act (H.R. 10167), which ends the production of pennies for general circulation and creates a...
Read MoreExpecting Clean Energy Credits? Know Your Supply Chain
New FEOC rules tie clean energy tax credit eligibility to sourcing decisions, making supply chain visibility a critical business concern.
Read MoreThe Quiet Risk of State and Local Payroll Tax Reporting Gaps
Payroll tax gaps often emerge when employee work locations and tax reporting fall out of sync. Learn where exposure occurs,...
Read MoreHow the Treasury and the IRS Write the Tax Rules
How Treasury and the IRS interpret, administer, and enforce federal tax law, and what Loper Bright means if you disagree...
Read MoreScholarship Tax Credits Are Going National: What To Know
Effective 2027, the Federal Scholarship Tax Credit will provide a dollar-for-dollar offset against federal income tax liability for eligible contributions.
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