Changes to not-for-profit financial statements and disclosures, as described in Financial Accounting Standards Board’s (FASB) Accounting Standards Update (ASU) 2016-14, include new requirements for functional expense reporting and additional related note disclosures.
Seem like cyber villains are “equal opportunity” predators. Whether you’re an adult or an adolescent, affluent or average — or your business is for-profit, non-profit, publicly-listed or government-related — you personally, or as a member of a group, can be impacted by cyber misdeeds.
By now you have probably read in the media about highlights of the recently-released Tax Cuts and Jobs Act (HR 1) as it generally affects individuals and businesses.
After months of political deadlock, Governor Dannel Malloy signed into law a bi-partisan budget bill.
It is clear that there continues to be considerable debate in Washington over the future of estate tax.
Gone are the days when we heard the word “fishing” and looked forward to a day on the lake, when a “hack” was another name for a trick or shortcut that increases productivity and efficiency, or when the “web” referred to a spider’s handicraft in our basement.
The Office of Management and Budget (OMB) has updated guidance for the procurement grace period available to non-Federal entities under Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Now that the tax reform plan has been released in the “Unified Framework for Fixing Our Broken Tax Code,” we are presenting some of the key provisions in the Framework as they affect individuals and businesses.