The IRS has issued disaster relief for individuals and businesses affected by Hurricane Isaias in Alabama and Florida. Affected taxpayers may qualify for postponed federal tax filing and payment deadlines. Below are the key details of the relief available in each state.

On September 25 and 26, Black Fox Farms in Cleveland, Tennessee, hosted the 13th annual bird & barn, the signature fundraiser for Project Free 2 Fly. HHM CPAs was proud to take part as a community sponsor, and this year's event was the largest yet, with attendance topping last year's.

An important Form 990 filing deadline is quickly approaching for many tax-exempt organizations. Organizations with a June 30, 2026, fiscal year-end are required to file their annual Form 990 return by November 16, 2026, which is the 15th day of the fifth month following the end of their tax year.

Choosing a business entity is most likely not at the top of most business owners’ list of exciting decisions. However, getting the structure right can make a big difference in how your business is taxed, the way that you pay yourself, how profits are handled, and how easy it can be to bring in new owners or investors.

A good allocation methodology is not one that never changes. It is one that continues to faithfully reflect how the organization uses its resources to advance its mission.

Colleges and universities depend on federal and state funding to support student financial aid, academic programs, research, workforce development, public service, facilities, and institutional initiatives. These resources expand access and help institutions pursue projects that may not be possible with tuition and other operating revenue alone.