Schreiber Accounting and Advisory, PLLC

11/06/2025

OBBB creates individual retirement accounts for minors called “Trump accounts.” The legislation includes a pilot program where the government will contribute $1,000 to this account for each child with a valid Social Security number born between 01/01/2025 and 12/31/2028.

Read more -> https://www.schreibercpafirm.com/ideas/trump-accounts-in-the-one-big-beautiful-bill

10/07/2025

OBBB increased the exemption amount for gift, estate, and generation-skipping transfer tax to $15 million for an individual and $30 million for married couples. The law also indexes these exemption amounts annually for inflation.

Read more->https://www.schreibercpafirm.com/ideas/estate-and-gift-tax-highlights-of-the-one-big-beautiful-bill

08/26/2025

This article highlights some of the tax provisions contained in the OBBB which will affect nonprofit organizations.

Read more -> https://www.schreibercpafirm.com/ideas/trbi42kk00oemsg13cnjmdmor3jpvy

08/18/2025

Form W-2, Forms 1099, and Form 941 and other payroll return forms won’t change for tax year 2025. Further, federal income tax withholding tables will not be updated for OBBB provisions during tax year 2025. The IRS has instructed employers and payroll providers to continue using current procedures for reporting and withholding.

Read more -> https://www.schreibercpafirm.com/ideas/no-changes-to-information-returns-for-2025-despite-obbb-changes

08/14/2025

This article highlights some of the tax provisions contained in the One Big Beautiful Bill which will affect many business taxpayers.

Read more -> https://www.schreibercpafirm.com/ideas/business-tax-highlights-of-the-one-big-beautiful-bill

07/21/2025

Schreiber Accounting is looking to add another member to the team! See link below for details. Potential for flexibility in hours and some working from home possible.

Posted 7:18:27 PM. About Us: Schreiber Accounting and Advisory PLLC is a small CPA firm located in Sewickley, PA led…See this and similar jobs on LinkedIn.

07/17/2025

This article is the first in a series on the One Big Beautiful Bill Act (OBBB) that was signed into law in July 2025. The bill represents the most significant tax legislation since the Tax Cuts and Jobs Act (TCJA) that became law in 2017. The article highlights some of the tax provisions contained in the OBBB which will affect many individual taxpayers. Future articles will dive deeper into these provisions, as well as discuss tax changes affecting businesses and nonprofit organizations.

Read more -> https://www.schreibercpafirm.com/ideas/individual-tax-highlights-of-the-one-big-beautiful-bill

06/02/2025

Strategic budgeting can present unique challenges in all types of organizations large and small. Being aware of these obstacles can help you better prepare to address them when they arise.

Read more -> https://www.schreibercpafirm.com/ideas/overcoming-common-budgeting-challenges

05/20/2025

Strategic budgets are not “set it and forget it” exercises. In order to remain effective and relevant, the budget must be reviewed regularly. Depending on an organization’s size and complexity, they should generally review their actual performance against their budget on a monthly or quarterly basis.

Read more -> https://www.schreibercpafirm.com/ideas/monitoring-and-modifying-a-strategic-budget

04/30/2025

Strategic budgeting is a critical tool for effective planning, growing sustainably, and your organization’s long term financial health. A well-crafted budget allows leaders to be comfortable with various possible scenarios, identify priorities and align resources to meet organizational goals. This article is the first of a series on budgeting. In this article, we discuss creating a strategic budget. In the forthcoming articles, we’ll discuss monitoring and adjusting the budget and overcoming common budget challenges.

Read more-> https://www.schreibercpafirm.com/ideas/creating-a-strategic-budget

03/11/2025

Sorting out whether a nonprofit has unrelated business income and whether they need to pay unrelated business income tax can be daunting. The general public often assumes that nonprofit organizations pay no taxes. That's not always true.

Read more -> https://www.schreibercpafirm.com/ideas/ubit-what-nonprofits-need-to-know

01/30/2025

During tax season, the news is full of stories of scammers filing tax returns and stealing individuals and businesses tax refunds. To protect yourself from these scams, the IRS provides two tools: https://www.schreibercpafirm.com/ideas/protecting-yourself-from-irs-related-scams