Year: 2019
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
Tips for getting questions answered from the IRS
February 28, 2019
We are in the thick of the tax filing season and the call volume to the Internal Revenue Service (IRS) is high, so we would like to share some tips the IRS has communicated which will enable you to get a quick answer.
Do I need to give my employer a new W-4?
February 13, 2019
With the new tax law in full effect, it’s a good idea to reexamine your federal tax withholding for this and future years.
Accounting for Grants and Contributions (ASU 2018-08) – Part 2
February 07, 2019
Our first blog in this series, “Accounting for Grants and Contributions (ASU 2018-08) – Part I”, explained the guidance related to determining a contribution from an exchange transaction.
Business Meals and Entertainment Deduction
February 05, 2019
The Tax Cuts and Jobs Act (the Act) made several changes to the rules regarding the deduction of business meals and entertainment.
ASU 2016-14 – Functional Expense Reporting
January 24, 2019
In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2016-14 (ASU 2016-14) to make improvements to the communication of information on not-for-profit financial statements.