Articles
How Operational Improvements Drive Overall Performance
One time-honored way for an organization to enhance its performance is by improving its operations.
Functional Expense Reporting Gets a Facelift
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.
Cyber Roundup – November 2017
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.
The Tax Act: Potential Impact on Private Foundations and Exempt Organizations
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.
First Look at the Tax Cuts and Jobs Act
On November 2, 2017 the U.S. House of Representatives and House Ways and Means Committee issued a draft of its long-awaited tax reform legislation for individuals and businesses in the Tax Cuts and Jobs Act (HR 1).
Marking End of a Bitter Political Battle, Connecticut Governor Signs Long Awaited Budget Bill
After months of political deadlock, Governor Dannel Malloy signed into law a bi-partisan budget bill.
2018 Cost-of-Living Adjustments
The IRS issued Notice 2017-64 announcing cost-of-living adjustments affecting dollar limitations for tax-qualified retirement plans and other retirement-related items for the 2018 tax year.
Estate Tax Planning for Hedge Fund and Private Equity Fund Managers
It is clear that there continues to be considerable debate in Washington over the future of estate tax.
Cyber Roundup – October 2017
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.
Uniform Guidance Procurement Standards – OMB Extends Procurement Grace Period for One More Year
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).
Trump Administration Rolls Out Tax Reform Framework
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.