Read About - ASC 842 Lease Accounting: Navigating Your OptionsAugust 22, 2022
Nonpublic companies and nonprofit organizations are out of time to implement the new lease accounting standard in accordance with Accounting Standards Codification (ASC) Topic 842
Read More »
Read About - Biden Signs Inflation Reduction Act: What are the Tax Implications?August 16, 2022
At a Glance
Main Takeaway
On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the Act) (H.R
Read More »
Read About - Congress Considering Updates to Opportunity Zone RegulationsAugust 10, 2022
At a Glance
Main Takeaway
Recently, representatives introduced a new bill that aims to update current Qualified Opportunity Zone (QOZ) legislation
Read More »
Read About - The Inflation Reduction Act of 2022 Passes in the SenateAugust 4, 2022
On July 28, the House of Representatives passed the CHIPS and Science Act of 2022 (H.R
Read More »
Read About - IRS Delivers More Options to Amend Returns ElectronicallyAugust 4, 2022
At a Glance
Main Takeaway
Last month, the IRS streamlined the tax return process by increasing the number of tax forms taxpayers can amend electronically
Read More »
Read About - Federal and State Gas Tax Holiday Effects on Pump PricesAugust 4, 2022
At a Glance
Main Takeaway
The federal government proposed a three-month gas tax holiday nationwide to reduce the high gas price burden on consumers
Read More »
Read About - Is Your Plan Effective in Retirement Planning for Employees?August 2, 2022
At a Glance
Main Takeaway
As a plan sponsor, ensuring your company's retirement plan is effective for employees is essential
Read More »
Read About - California Form 3893 Passthrough Entity Tax ProblemsJuly 28, 2022
Due to an issue with some software providers, many passthrough entity tax payments made with 2022 vouchers have been improperly applied to the 2021 tax year
Read More »
Read About - Real Estate Firms: Focus on Strengths with Outsourced AccountingJuly 15, 2022
At a Glance
Main Takeaway
Much of the success of a real estate company depends on the capabilities and competency of the company's back-office accounting and administrative functions
Read More »
Read About - The Importance of Cybersecurity in M&A Due DiligenceJuly 8, 2022
At a Glance
Main Takeaway
In the merger and acquisitions (M&A) due diligence process, identifying the target's cybersecurity practices is vital to protecting your finances and assessing risk
Read More »
Read About - Section 1031 or Like-Kind Exchange Tax StrategiesJune 27, 2022
https://windes.wistia.com/medias/s6w73a242o?embedType=async&videoFoam=true&videoWidth=640
At a Glance
Main Takeaway
Investing in real estate properties can earn high returns if you use the right strategies
Read More »