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Blog
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DO MORe NOW: Five Reasons Why Time is of the Essence to Implement ASC 606
The Financial Accounting Standards Board (FASB) issued ASC 606—Revenue from Contracts with Customers, in May 2014, which will replace nearly all current revenue recognition guidance for private companies beginning...
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No Time to Lose: OVDP to End in September
What is OVDP? The Offshore Voluntary Disclosure Program (OVDP), the IRS program that has offered relief from criminal penalties to taxpayers who report previously undisclosed overseas assets, will end...
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Huge Changes To Sales Tax Rules Coming After U.S. Supreme Court Ruling
By Blake Burge and Marc Sporn In a year already full of sweeping tax reform, a landmark decision handed down June 21, 2018 by the U.S. Supreme Court could...
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Partnerships Should Prepare NOW for the New IRS Tax Audit Rules
Highlights: Beginning in tax year 2018, IRS will audit, assess and collect taxes at the partnership level, instead of from individual partners Partnerships have some options to help reduce...
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The Quiet Tax-Saving Opportunity That Packs a Powerful Punch
Election to Treat Repatriated Foreign Profits Separately from Domestic Losses By Todd Koransky, CPA Most owners and executives of U.S. companies with foreign subsidiaries know about the new deemed...
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Georgia Tax Credit Could Help You and Rural Hospitals at the Same Time
If you are a Georgia taxpayer who is likely to owe more than $10,000 in deductible taxes paid in 2018, recent changes to tax law may create an opportunity...
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