Understanding Designated Roth Accounts: Benefits, Contributions, Distributions, and Tax Implications
In the realm of retirement savings, the designated Roth account stands out as a unique option that offers tax-free growth and withdrawals under certain conditions. Originating from
Bowman & Company LLP Announces the Appointment of Joshua M. Saner as Partner
We are proud to announce that Josh Saner has been promoted to Partner within our firm. At Bowman & Company, our people are the foundation of who we are, and we are grateful for
Bowman & Company LLP Announces the Appointment of Nicole A. Schubert as Partner
We are proud to announce that Nicole Schubert has been promoted to Partner within our firm. At Bowman & Company, our people are the foundation of who we are, and we value the m
Partner Spotlight: Celebrating Dan Phelps
After nearly four decades of dedication to Bowman & Company, we are proud to recognize Daniel E. Phelps, Partner, as he prepares to retire on December 31, 2025. Dan joined Bowm
Your Annual Reminder to File Worker 1099s
This is our annual reminder that if you use workers other than employees to perform services for your business and pay them $600 or more for 2025, you are required to issue each on
Holiday Gifts That Offer Tax Benefits for You and Your Loved Ones
The holiday season is a time of giving, and while the joy of gifting is often its own reward, there are ways to make your generosity even more impactful through strategic tax plann
Penalties That Can Wreck Your Finances
The IRS Doesn’t Send Thank-You Notes—Just Penalty Notices You file a little late.You miss an estimated payment.You hire a remote employee in another state and forget to registe
Tax Advantages of Qualified Charitable Distributions (QCDs)
Qualified Charitable Distributions (QCDs) are a highly effective tool in the tax planning toolkit, particularly for retirees who must take Required Minimum Distributions (RMDs) fro
IRS Shifts to Paperless Refunds: What This Might Mean for You
In a move set to redefine the refund process, the Internal Revenue Service (IRS), in collaboration with the U.S. Department of Treasury, has announced the gradual phasing out of pa
Employee Spotlight: Michael Anselmo, Senior Manager
Meet Michael Anselmo, a Senior Manager whose passion for developing others makes a lasting impact across our firm. Michael is known for his steady leadership, commitment to growth,