It was a hot summer day last year when New Jersey enacted sweeping, last-minute, budget balancing Corporate Business Tax (CBT) changes.
Are you a financial officer with a public company? Are you fascinated (or frustrated) by new pronouncements from the Financial Accounting Standards Board (FASB or Board)?
While it might seem counterintuitive to accelerate income into any tax year, a combination of President Trump’s temporary individual tax cuts and the stock market’s seesaw movement creates an opportunity to revisit Roth IRA conversions.
New York State (NYS) currently ranks third highest among the states in property tax collection. On average – according to one source – it collects nearly $7,000 per home.
Sometimes “sound bites” help us to remember actions we need to take. With this edition of Cyber Roundup, some readers might consider the following statements made in this issue as good advice which, if heeded, can help to secure your cyber peace of mind.
There is a group of bipartisan leaders in the House and Senate that is focused on making retirement plans and planning for retirement easier for employees and less costly for employers.
In Revenue Procedure 2019-19, the Internal Revenue Service (IRS) issued guidance that increases the availability of retirement plan sponsors to correct certain plan documents and plan loan failures through the IRS Self-Correction Program (SCP).
Recently, we received certain inquiries on the definition of “disqualified persons” at a foundation. In connection therewith, we hope this bulletin will serve as a reference defining a disqualified person and helping to ensure that self-dealing at the private foundation does not occur.