Articles
Gross Versus Net Revenue Reporting Considerations for Online Travel Agency (OTA) Contracts
In recent years, the Financial Accounting Standards Board (FASB) has made significant changes to its guidance in accounting for revenue recognition.
Cyber Roundup – January 2018
Another year behind us as technology marches onward. The pace is breathtaking: remember describing to your grandparents how a fax machine works? Now, try explaining the “cloud” or “wifi” or “cryptocurrency.”
Navigating Pass-Through Tax Reform
Over the past several weeks, literally millions of words have been written in connection with the recently enacted tax reforms.
How Will States React to the Federal Tax Reform?
Blue states and their residents are feeling blue in light of the federal Tax Cuts and Jobs Act. The main culprit is the new limit on the deduction for state and local taxes (SALT).
Selected Individual Tax Provisions in the New Tax Law: Planning Ideas
The Tax Cuts and Jobs Act Bill (the Act) was passed by Congress on December 20, 2017.
Should Your Business Be a C Corporation?
In light of the recent federal tax legislation that lowered the C corporation tax rate business owners are wondering whether a C corporation is the most tax-efficient form of entity.
U.S. Switches to Territorial Tax System
Unless you have been under a rock or in a long hibernation, you are aware that significant tax reform [Tax Cuts and Jobs Act (H.R.1)] has passed. The last such reform dates back to the Reagan years in the mid-1980s.
Taking Your Fund Private: Transitioning from Investment Fund to Family Office
An increasing number of investment fund managers are returning outside investor capital in order to focus on managing their personal and/or family wealth.
Limited Effects of Tax Cuts and Jobs Act on Most Private Foundations
Over the past few days, both the House and Senate voted to pass the Tax Cuts and Jobs Act (the “Act”).
New Tax Law Could Affect Not-for-Profits
The historic tax reform bill approved by Congress expected shortly to be signed into law by President Trump — the “Tax Cuts and Jobs Act Bill” — will affect almost all individual and corporate taxpayers beginning in 2018. Not-for-profit organizations, as well, may be affected, though the actual impact is difficult to determine at this point.