Financial Aspects of Divorce
Divorce is often a chaotic life event, and the financial issues involved may add to the discord.
Federal Tax Reform: Impact on Unrelated Business Income
The Tax Cuts and Jobs Act (TCJA) made several changes to the tax laws affecting tax exempt organizations, including the reporting and taxation of unrelated business taxable income (UBTI).
Understanding the Net Investment Income Excise Tax
The hopes of foundation managers for tax reform of the net investment income excise tax were again dashed when Congress late last year failed to enact the proposed simplification of the excise tax to a flat tax of 1.4%
Planning for the New NFP Liquidity Disclosures
Not-for-profit organizations with calendar year-ends are required to implement the Financial Accounting Standards Board’s (FASB) Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities for the year ended December 31, 2018.
Blockchain Technology and Transfer Pricing
Blockchain is an emerging technology that could revolutionize business.
Cyber Roundup – March 2018
Welcome again to the month’s multifaceted world of cyber criminality. Precipitated by spoofing, spamming, sniffing, sandboxing, phishing, spyware, ransomware, adware, etc., the results are an almost infinite number and variety of cyber crime.
Amendments to Income Statement — Reporting Comprehensive Income (Topic 220) Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income
The Financial Accounting Standards Board (FASB or Board) recently issued Accounting Standards Update (ASU) No. 2018-02, Income Statement—Reporting Comprehensive Income (Topic 220).
Federal Tax Reform: Consequences on Tax-Exempt Organizations as Employers
The effects of the new tax law are wide-ranging and getting out information to our clients is our goal.