Celebrating Madam C.J. Walker

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Madam C.J. Walker

A Pioneer in Beauty and Business – Madam C.J. Walker This Black History Month, we honor Madam C.J. Walker, a trailblazer who transformed the beauty industry and empowered countless women. Born Sarah Breedlove in 1867 to formerly enslaved parents, Madam Walker overcame immense challenges to become America’s first self-made female millionaire. Madam Walker’s journey began with a simple yet revolutionary … Read More

The Founding of the NABA:

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Founding members of the NABA

A Story of Perseverance and Unity In the late 1960s, the accounting profession in the United States was overwhelmingly white and male. African Americans faced significant barriers to entry, including racial discrimination, limited access to education, and a lack of mentorship and networking opportunities. Despite these challenges, a group of nine visionary Black accountants came together to create an organization … Read More

John Cromwell Jr. First Male Black CPA

tysllpAccounting History, Tax Accounting

A Trailblazer in Accounting In the early 20th century, the field of accounting was dominated by white men. Opportunities for African Americans were virtually nonexistent. But John W. Cromwell Jr., born in 1884 in Washington, D.C., was determined to defy the odds and make history by becoming the first Male Black CPA. Cromwell grew up in a family that valued education … Read More

 The Story of Mary T. Washington:

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Mary T. Washington 75th anniversary

America’s First Black Woman CPA In the bustling city of Chicago during the early 20th century, a young girl named Mary Thelma Morrison grew up with a keen mind for numbers. Born in 1906, Mary was raised by her aunt and uncle after her mother passed away when she was just a child. Despite the challenges of growing up during … Read More

🛡️ The OBBBA Sets new Estate & Gift Tax Exemption

tysllpCPA, Tax Accounting, Tax Planning, Tax Prep

new Estate & Gift Tax Exemption

How does the One Big Beautiful Bill Act affect Estate & Gift Tax planning? The One Big Beautiful Bill Act (OBBBA), signed in July 2025, provides unprecedented certainty for high-net-worth individuals and business owners. Specifically, the Act permanently sets the federal unified Estate & Gift Tax exemption amount. This amount is $15 million per individual or $30 million for married … Read More

Major 401(k) Changes in 2025

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401k changes in 2025

Maximize Your Retirement Savings Investing in a 401(k) is one of the smartest ways to build wealth for retirement. With automatic paycheck deductions, tax benefits, and potential employer matches, it’s a no-brainer for those looking to secure their financial future. 401k Changes In 2025, the IRS is introducing key changes that could impact your contributions and tax savings. Here’s what … Read More