Provider Relief Fund Reporting Reminders
…information, please contact your client service partner or any of the following: Keith Solomon, CPA, CGMA Partner, Health Care – Co-Leader 914.341.7078 | ksolomon@pkfod.com Christopher J. McCarthy, CPA, CGMA Partner. Health Care – Co-Leader 914.341.7018 | cmccarthy@pkfod.com Krista Karabel, CPA Senior Manager 914.421.5679 | kkarabel@pkfod.com…
SEC Announces 2023 Examination Priorities
The U.S. Securities and Exchange Commission’s (SEC) Division of Examinations (the Division) recently released its 2023 Examination Priorities.
Crunching the Minimum Payout Requirement
In this bulletin, we will walk you through this rule and the calculations of a foundation’s minimum payout requirement.
Foreign Cryptocurrency: U.S. FBAR and FATCA Reporting Requirements
While U.S. individuals and businesses have long dealt with FBAR and FATCA reporting requirements relating to foreign bank accounts and certain foreign assets, one area that still may be confusing to many is the treatment of cryptocurrency.
10 Ways to Enhance Your Accounts Payable Operations
Effectively managing the bottom line requires a well-run AP process paying close attention to expenditures, internal controls and preserving cash by avoiding payment of inaccurate invoices.
Federal 2022 Business Tax Returns and 2023 Planning
As we gather information and documents for our 2022 business tax returns, it’s a good time to review how recently enacted federal tax laws.
Cyber Roundup – February 2023
One of the bulleted items this month concerns the breach of confidential customer data by a cellular service provider. In this particular case, the company failed to protect consumer information eight times in a five-year period.
California Privacy Rights Act (CPRA) Regulations Push Forward
The Regulations provide enhanced interpretation and expand upon the CPRA. Now approved, the Regulations will go into a 30-day review period and will likely take effect April of 2023.
The Life Cycle of Low-Income Housing Tax Credits (LIHTC) | Part 3 – First Year and Beyond
This third and final installment on the subject covers the years following development.
IRS Considerations for Claiming the Employee Retention Credit
Recently, the IRS has implemented a few safeguards and procedures as a result of the American Institute of Certified Public Accountants (AICPA) advocacy to ensure that only eligible businesses may claim the ERC.
CFO Insights for Cloud Computing Companies
Cloud computing is one of the fastest-growing technology sectors, both domestically and abroad.
IRS Launches Significant Step Toward Modernizing Its Information Returns Intake System (IRIS)
The Internal Revenue Service (IRS) announced the opening of its new, free portal to file electronically the 1099 series of information returns.