# Sarah Mcgregor

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Financial Statement Reporting & Disclosure Changes in 2025

Navigating the complex terrain of financial statement reporting and income tax disclosures is a major challenge for companies as they face heightened regulatory scrutiny and evolving standards. The Financial Accounting Standards Board (FASB) continues to introduce significant updates, including ASU…

Micro-Captives and IRS Final Rules Explained

Earlier this year, final regulations were issued under Prop. Reg. Section 1.6011-10, setting forth the criteria that classify certain micro-captive insurance arrangements as listed transactions or transactions of interest. These designations require extensive tax return disclosures and impact all p…

IRS Changes and Challenges in 2025 Explained

As we navigate through changes brought by the new administration in 2025, there are significant developments within the Internal Revenue Service (IRS) that will impact taxpayers and tax professionals. The IRS is aiming to streamline its operations while facing the challenge of reduced staffing leve…

Pentagon Sending 700 Marines to Counter Los Angeles Protests

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. The Trump administration is sending about 700 active duty Marines to reinforce the National Guard in response to protests in Los Angeles, a person familiar with the matter said, continuing an escalation that California officials…

US, Mexico Near Deal to Cut Steel Duties and Cap Imports

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. The US and Mexico are closing in on a deal that would remove President Donald Trump’s 50% tariffs on steel imports up to a certain volume, according to people familiar with the matter, a revamp of a similar deal between the trad…

2025 Tax Updates: Shutdown Impacts and Outlook

Stay informed on the latest tax policy changes and economic trends with Cherry Bekaert’s Tax Beat Podcast. In this episode, hosts Brooks Nelson, Tax Partner, and Sarah McGregor, Tax Director, talk with Kasey Pittman, Managing Director of Tax Policy, about the sweeping P.L. 119-21, or the “One Big B…

Passin’ Art + Remme’s Run

Dmae Roberts talks with Passin’ Art Theatre about their explosive show on race dialogue in Tommy J & Sally by acclaimed playwright Mark Medoff with director Andrea White and actors Marcus Mauldin and Sarah McGregor.  And in the second … Read the rest

COVID Disaster Relief and IRS Refund Opportunities

Recent court decisions are prompting renewed discussion around how disaster relief provisions apply to Internal Revenue Service (IRS) deadlines and what actions taxpayers may take before key limitation periods expire.  The federally declared COVID-19 disaster period may have created unexpected oppo…

Section 1202 Updates: QSBS Tax Benefits Explained

Section 1202 Updates: Understanding QSBS Tax Benefits Qualified Small Business Stock (QSBS) under Section 1202 may allow business owners, founders and investors to exclude a significant portion of capital gains from federal taxable income when selling qualifying stock.  In this episode of Cherry Be…

The Bears in the Community

For Wuikinuxv First Nation councillor and environmental researcher Jennifer Walkus, living alongside grizzly bears is a way of life shaped by respect, knowledge and coexistence. In this episode of Wildest Moments, host Ben Fogle speaks with Jennifer about her experiences in coastal British Columb…