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The Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) to improve the disclosures about a public entity’s reportable segments by requiring more detailed information about such expenses on an annual and interim basis.

The Tax Court held that the value of checks written prior to but paid after a decedent’s date of death were includible in the decedent’s gross estate.

One of the contributors answering “Can finance industry deliver on demand for faster closings, more automation?” published on NJBiz, was Roman Matatov, Senior Manager.

The industry was caught off-guard when the Office of Management and Budget (OMB) announced that for Fiscal Year’s that ended in 2022, Single Audits would be collected by the General Service Administration (GSA) rather than the Bureau of Census changing  a procedure that has been in place since the advent of Data Collection.

Plan sponsors should review the cost of living adjustments (COLAs) to determine what, if any, changes need to be communicated to employees by means of orientation meetings and enrollment forms.

For the majority of private foundations, the management of a foundation’s assets is a top priority along with grantmaking.

It is not uncommon, when we do client assessment and process reviews, that we find many great policies exist; however, they are not well-communicated to those who need to execute them nor are the details delineated.

North American mergers and acquisitions (M&A) deal volume have declined in each consecutive quarter this year and in each quarter compared with 2021.

The Financial Accounting Standards Board (FASB) recently reached a tentative decision about the accounting for crypto assets that… Read more.

Recent natural disasters – such as the hurricanes impacting Puerto Rico and Florida and wildfires in California – can cause physical damage that interferes with business operations resulting in economic distress and ultimately lost income.

With new technologies come new forms of assets and, eventually, new rules for the regulation and taxation of such assets.

Massachusetts continues to be active in the state tax space.