In anticipation of Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842) becoming effective, now is a good time to discuss the potential impact of this new guidance from the Financial Accounting Standards Board (FASB) on accounting for operating leases for broker-dealers.
While there are limited effects from the enactment of the Tax Cuts and Jobs Act (the Act) for most private foundations, one such consequence applies to foundations and other 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.
Firm among 6 Organizations in New York City Recognized for Policies that Support Older Workers.
Robert Raiola’s article, “Jimmy Garoppolo Will Earn More From Super Bowl 52 Than Tom Brady. Really” featured on www.si.com
If its Super Bowl time, then there must be insight from the @sportstaxman
President Trump signed the Tax Cuts and Jobs Act of 2017 into law on December 22, 2017. A collective sigh of relief could be heard across the investment management community as the worst fear of investment managers apparently had not materialized: the carried interest had survived.
As we begin the new year, it might be a good time to review requirements and best practices for board members as they relate to their organization’s annual audit.
The Financial Accounting Standards Board (FASB or Board) recently proposed two amendments to improve Accounting Standards Update No. 2016-02, Leases (Topic 842).
On December 22, 2017, the Pension Benefit Guaranty Corporation (PBGC) issued final regulations permitting the expansion of its existing Missing Participants Program (the “Program”) to include defined contribution (DC) plans.
Effective January 2, 2018, the Internal Revenue Service (IRS) simplified the user fees charged for most submissions made under the Voluntary Correction Program (VCP).
The Internal Revenue Service (IRS) has begun sending letters to employers notifying them that they may be subject to penalties for failure to comply with the employer mandate provisions of the Affordable Care Act (ACA).
The President signed the Tax Cuts and Jobs Act (TCJA) into law on December 22, 2017. The final law contained provisions from the competing bills proposed by the House and Senate.