NEUHAUS CPAs OCTOBER 2025 NEWSLETTER

Neuhaus CPAs

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New Law Reduces Tax Odds for Gamblers
The IRS often challenges gambling loss deductions. The One Big Beautiful Bill Act made a major change to the tax treatment of gambling losses. This provision could increase taxes for both amateur and professional gamblers. Here’s a closer look at the rules for deducting gambling losses and what has changed.

 

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Minimize Safety Risks to Nursing Home Staff
Health and injury hazards abound for employees in nursing homes, resulting in high absenteeism and increased workers’ compensation costs. Every facility needs to take measures that increase staff safety. Here are some guidelines to help ensure your facility has a program that minimizes the risks at your health care operation.

 

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Direct Sales Meetings Like a Three-Act Play
When meeting with sales prospects for the first time, take the time to assume the role of the lead actor in a stage play. You set the scene, build the plot and resolve conflict. Your professionalism and success are reflected in your ability to control the audience and guide them through to the final scene. By the time the curtain closes the play, you’ll have closed the deal.

 

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What Can Employers Do About Missing 401(k) Plan Participants?

The question we’ll answer in this article is:

We sponsor a 401(k) plan, and we have a number of “missing participants.” We’ve been told this is what to call account holders who are former employees with out-of-date contact information. What can we do about this issue?

 

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