The Financial Standards Accounting Board (FASB) recently issued a proposed Accounting Standards Update (ASU or Update) (Topic 958) intended to clarify and improve the scope and accounting guidance for contributions received and made.
These are the glory days for those seeking to claim the federal research tax credit. This is particularly so for small and middle market businesses and startups.
As auditors and advisors, we have a unique vantage point that allows us to identify accounting and financial reporting issues that are, at times, misunderstood by our clients.
Thomas Sorrentino has recently been appointed a member of the Board of Commissioners of the NYC Taxi & Limousine Commission
Thomas Sorrentino, Partner, has recently been appointed a non-salaried member of the Board of Commissioners of the NYC Taxi & Limousine Commission. Commissioner Sorrentino’s term will run through January 31, 2022.
Veteran Partners George Whitehead and Ann Buscaglia Elevated to New Management Roles
Certain questions on the Form 990-PF relate to transactions with “disqualified persons.” We often are asked — sometimes by board members themselves — “Who are disqualified persons?”
Last month was “business as usual” for cyber criminals. Even so, the volume and extent of these activities are mind-blowing — particularly with respect to the targeting of children, how easy cyber hacking skills can be transferred and cloud security. As computer professionals become aware of each incident, solutions eventually follow.