Sciarabba Walker Blog
The information in these blog posts is provided for general informational purposes only and is not intended to substitute for accounting, tax, or financial advice from a professional accountant. While we use reasonable efforts to furnish accurate and up-to-date information, we do not warrant that any information contained in or made available through this blog is current or error free. No part of this communication is intended to be used for the purpose of avoiding penalties under U.S. federal tax law.
2025 Individual Year-End Tax Planning
The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025, and had several provisions that take effect in 2025 and future years. To assist you with making decisions on what works best for you and your individual taxes, we have compiled a list of tax...
2025 Business Year-End Tax Planning
The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025, and includes several provisions that take effect in 2025 and in future years. To assist you in determining what may work best for you and your business, we have compiled a list of tax...
Sciarabba Walker & Co., LLP Announces Promotion of Three Employees to Manager
Ithaca, New York, November 3, 2025 – Sciarabba Walker & Co., LLP, a leading regional accounting and business consulting firm, is proud to announce the promotion of three of its team members — Ethan Chaffee, David Johnson, CPA, and Samantha Jordan, CPA — to the...
Transition to Electronic Tax Payments After September 30, 2025
Executive Order 14247, titled “Modernizing Payments to and From America’s Bank Account”, was signed on March 25, 2025. The executive order mandates a comprehensive phase out of paper check transactions by the federal government including payments to and from...
Nonprofit Fundraising Strategies
Subscription or recurring giving is the practice of donors setting up automatic, regular contributions to a nonprofit. This form of giving has emerged as one of the most effective and sustainable fundraising models. As we move further into 2025 and beyond, economic...
Navigating the Nonprofit Regulatory Environment
Nonprofit organizations play a vital role in addressing societal needs, from education and healthcare to environmental conservation and social justice. However, operating a nonprofit requires navigating a complex regulatory environment. Compliance with federal, state,...
Nonprofit Financial Action Plan
In this ever-changing time, a financial plan can make all the difference for an organization to weather the storm and come out on top. Using the following steps may assist your organization in completing its mission. Budgeting- Know your Past Successes and Challenges...
Nonprofit Trends: Shaping the Future of Social Impact
As the world continues to evolve, so too does the nonprofit sector. Nonprofits face new challenges and opportunities, driven by technological advancements, shifting societal expectations, and global crises. Here are the key trends that are expected to shape the future...
“Big Beautiful Bill” Overview
On July 4th, President Trump signed into law H.R. 1 – the “One Big Beautiful Bill Act” (BBB), a sweeping piece of tax legislation that reshapes key provisions of the Internal Revenue Code. The BBB extends, modifies, or makes permanent several tax changes introduced...
Qualified Small Business Stock Exclusions
Qualified Small Business Stock (QSBS) exclusions for tax purposes under Section 1202 incentivize investors to take risks on startup companies. A shareholder with QSBS could potentially be eligible for a 100% tax exclusion on capital gains. For a shareholder’s stock...