News & Insights
Stay informed with the latest insights, analysis, and guidance from EHTC's team of accounting, tax, and advisory professionals.
IRS Furloughs and Job Cuts Affecting Operations
The IRS has furloughed nearly half of its employees after updating its government shutdown contingency plan last week, and the agency is now set to permanently lose nearly 1,500 employees as the administration pushes broad reductions in force. The moves could freeze audit activity, slow down new guidance, and create processing backlogs.
Treasury Stops Issuing Paper Checks
Executive Order 14247 directs the Treasury to end paper checks for federal payments, including tax refunds, effective September 30, 2025, and transition to electronic payment methods. The order aims to reduce costs, delays, and risks associated with paper payments, and the EHTC Tax Services team is here to discuss how the executive order applies to you.
Turning State Tax Complexities into a Plan for Success: The Role of Trusted Advisors
State tax laws are evolving rapidly, with broadening nexus standards, shifting apportionment rules, aggressive enforcement tactics, and growing divergence from federal standards. As a result, companies of all sizes are turning to experienced state tax advisors. Staying compliant is no longer enough; you need to stay ahead.
How EHTC Prepares Businesses for Transaction Success
Many business owners shy away from exit planning, especially if they’re not actively thinking about selling. Transaction readiness isn’t just about preparing for a sale, though. It’s a smart business strategy that adds value at every stage of ownership.
Republicans Complete Sweeping Reconciliation Bill
The president signed into law a sweeping reconciliation tax bill in a July 4 signing ceremony, capping a furious sprint to finish the legislation before the self-imposed holiday deadline. The Senate approved the bill in a 51-50 vote on July 1 after making a number of last-minute changes following intense bicameral negotiations.
Manufacturing Growth in the Age of Disruption
Manufacturers are navigating an environment of constant disruption. Today, finding new sources of growth is no longer about simply scaling operations. Sustainable success requires proactive, long-term strategic planning focused on attractive markets.
House Vote Tees up $4 Trillion Tax Bill for Senate Action
The U.S. House of Representatives voted 215 to 214 on May 22 to advance a nearly $4 trillion tax bill after reaching a compromise on key tax issues, but significant challenges await in the Senate.
Drake Shipman Bridges Career and Coaching with GVSU Bass Anglers
Drake is the head coach of GVSU Bass Anglers, a competitive bass fishing club sport at Grand Valley State University. This year, his two worlds converged in a meaningful way: EHTC signed on as the title sponsor of Bass Anglers’ 2025 competitive season.
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