IRS Updates Guidance on 179D Tax Deduction: What You Need to Know
The Internal Revenue Service (IRS) has recently updated its Large Business & International (LB&I) Process Unit guidance on the Section 179D Energy Efficient Commercial Buildings Deduction. With the introduction of Form 7205 and increased IRS scrutiny, ensuring compliance and partnering with the right provider has never been more critical. Key Takeaway
Trump’s Global Tariffs – Major Ramifications for Trade and the U.S. Economy
On April 2, 2025, President Trump signed an executive order introducing a sweeping new trade policy—”Reciprocal Tariffs.” This move is aimed at addressing what the administration describes as unfair trade practices from certain countries. With tariffs set to range from 10% to as high as 54%, U.S. businesses will face significant disruptions in the
CEO Stacy DuToit Included in 15 Women You Need to Know in ND Business
Top 100 nationally ranked accounting and advisory services firm Brady Martz is proud to celebrate CEO Stacy DuToit for being named one of the Greater North Dakota Chamber’s (GNDC) 15 Women You Need to Know in ND Business for 2025. This prestigious recognition highlights women across the state who are driving progress within their organizations, […]
Shareholder Amy Haagenson Recognized as Prairie Business Top 25 Women in Business
Top 100 nationally ranked accounting and advisory services firm Brady Martz is proud to celebrate Construction & Real Estate Practice Segment Lead, Board Member, and Shareholder Amy Haagenson for being named one of Prairie Business magazine’s 2025 Top 25 Women in Business. This prestigious award honors outstanding businesswomen across North Dakota, South
The Impact of Tariffs: Balancing Costs, Supply Chain and Profitability
Higher tariffs can raise costs regardless of the supplier. To maintain profitability, businesses should improve efficiencies and adjust prices across products.
Regulation B Section 1071: Implementation Best Practices for Financial Institutions
The financial industry is facing a significant shift with the implementation of Regulation B Section 1071, as mandated by the Dodd-Frank Act. This new rule introduces extensive data collection and reporting requirements for financial institutions making small business loans. Designed to promote fairness and transparency in lending, Regulation B Section 1071 see
Risk Assessments – Not a One and Done
In today’s ever-changing business environment, organizations face new challenges daily, from evolving market conditions to emerging cybersecurity threats. As a result, the concept of risk assessment has become more critical than ever. However, many companies make the mistake of viewing risk assessments as a one-time task instead of an ongoing, strategic proce
Mitigating Cybersecurity Risks in the Financial Sector: Best Practices for 2025
As financial institutions continue to digitize their services and offer more online solutions to customers, the risk of cyberattacks and data breaches grows exponentially. With sensitive financial data, personal information, and proprietary business intelligence at stake, cybersecurity remains one of the most critical concerns for the financial industry. In 202
Higher Tariffs Are on the Way – Can Your Company Manage the Damage?
As U.S. tariffs continue to rise, importers face mounting financial pressure. While these increased duties are designed to promote domestic production, companies with complex global supply chains are experiencing significant cost burdens. With duty rates climbing to 25% or more, many businesses are reassessing their pricing strategies to mitigate the financial
Organizations Dependent on Federal Funding Need to Consider Options
Organizations relying heavily on federal funding are especially vulnerable and should consider best practices to mitigate liquidity and financial risk due to...