Articles

A 40% tax under Section 2801 may apply to U.S. citizens and residents receiving gifts or bequests from covered expatriates.

Professional guidelines prohibit the issuance of single-audit reports until the 2025 FCS has been released as final.

As the government shutdown continues to affect federal operations, the IRS has experienced significant furloughs and operational slowdowns.

While impairment is a word that no business owner wants to hear, it’s an important accounting practice to get right.

We know that the future of every business depends on its people — most importantly, its next generation of leaders.

The private credit sector has grown over recent years from approximately $46B in 2000 to quickly approaching $2T this year.

For CFOs in private equity (PE), confidence in the numbers isn’t just about reporting — it’s about protecting value.

While key systems will keep running, taxpayers should expect delays in service, correspondence and manual processing.

Valuing debt investments is complex, reflecting the growing variety of terms, structures and characteristics in today’s market.

Governance policies for private foundations are essential tools that help ensure responsible operations and promote transparency.

The shutdown can have serious impacts on not-for-profit (NFP) organizations that rely on federal funding for their operations.

M&A activity is accelerating as private company owners face growing interest from strategic buyers and private equity firms.