BLS Insights

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Month: March 2019

Why Americans Are (Wrongfully) Re-Thinking the Need for Estate Planning?

March 21, 2019

With the basic exclusion amount at $11.18 million and growing, along with portability of a decedent’s unused exclusion, most individuals will not have a federal estate tax liability.

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Accounting for Grants and Contributions (ASU 2018-08) – Part 3

March 07, 2019

In the first two blogs in this series, we explained guidance found in this new ASU regarding contributions vs exchange transactions, and conditional vs unconditional contributions

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