News & Insights

Reminder to Pay your 2nd Quarter Estimates By June 15th
The deadline for the second quarter estimated tax payment for the 2026 tax year is Monday, June 15, 2026. This payment covers income earned from April 1 through May 31, 2026. Estimated tax payments can…
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Jim Haefele Earns Repeat Forbes Recognition
Forbes has produced their second America’s Best-In-State CPAs list and we’re proud to share that Leading Partner Jim Haefele has once again been recognized. This honor reflects both Jim’s expertise…
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Insight: 5 Reasons Why Nonprofit Finances Are Different and Why It Matters
Many nonprofit leaders and board members bring strong experience from the commercial business world. That expertise is a real advantage. Budgeting, financial reporting, transparency, and accountability…
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Insight: What We Don’t Say Out Loud
by Beth Renga, Director of Consulting Services Imagine you’re in a business meeting or in a conversation with colleagues or someone in leadership. Something comes up and you have a thought you could…
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Final “No Tax on Tips” Regulations Issued
On April 10, 2026, the U.S. Department of the Treasury and the IRS released final regulations implementing the “No Tax on Tips” provision of the One, Big, Beautiful Bill. The rules define what qualifies…
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Where’s my Tax Refund?
As millions of people file their 2025 tax returns, the Internal Revenue Service reminds taxpayers to use the Where’s My Refund? tool on IRS.gov to confirm receipt of their return and track a refund.…
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Twelve Scams to Look Out For
Each year, the IRS releases its Dirty Dozen list to warn taxpayers about common scams that threaten personal and financial information. These schemes target individuals, businesses, and even tax professionals…
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IRS Modernizes Payments by Transitioning to Fully Electronic Methods
The Executive Order 14247, signed March 25, 2025, directs the U.S. Department of the Treasury and the Internal Revenue Service to transition federal payments to fully electronic methods. The goal is to…
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Haefele Flanagan Acquires Mig Murphy Sistrom, CPA, PC, Expanding Nonprofit Advisory Capabilities
Haefele Flanagan (HFCO) has acquired Durham, North Carolina based Mig Murphy Sistrom, CPA, PC, a firm focused exclusively on nonprofit accounting and advisory services. The acquisition strengthens Haefele…
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Insight: The Financial Impact of Winning New Customers
In a changing and increasingly competitive market, winning new customers is a critical driver of sustainable revenue growth and long-term business value. For many organizations, customer acquisition is…
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