August 2024 Individual Due Dates

Maxing out your 401(k) sounds like a smart retirement move, but the contribution limit is not a savings recommendation. Before hitting that maximum, you should weigh your liquidity needs and near-term financial goals, make sure you are capturing your full employer match, and determine whether a 401(k), IRA, or HSA is the right home for each retirement dollar. Your financial plan, not the IRS limit, should guide how much you contribute and where.

A divorce settlement divides assets and establishes legal rights, but it does not resolve every tax question that follows. Filing status, child-related benefits, property basis, retirement transfers, and prior joint return liability all require a separate tax review. Understanding where the settlement ends and tax law begins can help you avoid costly surprises after the divorce is final.

The SEC may rescind its 2024 climate disclosure rules, but private companies should not assume their reporting obligations disappear. Contracts, state laws, and business relationships may still require climate and emissions information regardless of what the SEC does. Here is how to assess what still applies to your company and what you can safely scale back.

Nonprofit boards regularly decide on compensation, vendors, and relationships with affiliated organizations. But when someone with influence stands to benefit, those decisions deserve a closer look. Our latest article walks through the key questions every nonprofit should ask before approving a transaction.