Understanding the New IRS Regulations on SECURE 2.0 Catch-Up Contributions for 2026
Key Takeaways Beginning in 2026, employees aged 50 or older who participate in a 401(k), 403(b), or 457(b) plan and earned more than $145,000 from their employer in the previous year must make their catch-up contributions on a Roth (after-tax) basis. Employers must...
Intern Spotlight: How Our Internship Shapes Careers
At KBS, our internship program is designed to provide real-world experiences that help future accountants discover their passions, build technical skills, and gain confidence in their career choices. One of our interns, Clara Andre, a Senior at the Grossman School of...
Building Your Emergency Fund: Why Every Construction Firm Needs One
Key Points An emergency fund is a financial buffer that helps firms cover payroll, materials, and obligations when disruptions strike. Planning for multiple scenarios and sizing reserves appropriately makes businesses more resilient. Use new opportunities, like those...
Tax-Smart Retirement Planning for Business Owners
Key points Business owners have retirement plan options beyond standard IRAs. Solo 401(k)s, SEP IRAs, SIMPLE IRAs, and cash balance plans can unlock powerful tax savings. The One Big Beautiful Bill (OBBB) introduces new deductions and planning opportunities. What...