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As you navigate this new business environment, leaders need the right guidance and direction to move forward. Tap into our customized tax, audit, accounting and business advisory solutions to help you recover from disruption and grow stronger. Contact a PBMares advisor today.

RECENT INSIGHTS:

  • Tax Alert OBBBA

Navigating New Tip, Overtime, and 1099 Rules Under OBBBA

August 5, 2025|

Learn about the series of payroll-related changes that are taking effect under the One Big Beautiful Bill Act (OBBBA), beginning in 2025. The law introduces new tax deductions for tips and overtime pay, and it adjusts the reporting thresholds for issuing 1099 forms.

  • Maryland Tax Update

Major Maryland Tax Updates for 2025

July 29, 2025|

On July 1, several tax changes took effect under the Budget Reconciliation and Financing Act of 2025, a 200-page law signed by Governor Wes Moore on May 20. Learn more about the major Maryland tax updates.

  • NFP Quarterly update

Mid-Year Update for Nonprofit Organizations

July 17, 2025|

At midyear, the nonprofit sector is balancing resilience with uncertainty. Total giving hit a record in 2024, and recent tax law changes may support modest growth in individual donations. Still, rising costs and unpredictable funding remain key challenges. Many organizations are focusing on diversified revenue, digital tools, and tighter planning to sustain services and protect their missions.

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