Though balance sheet accounts are the customary focus of auditors, revenue is a key income statement account. And it may steal the spotlight in the coming audit season. Contact us to help ensure your company …Read More

 

Ultimately, people typically prefer to do business with people they know, like and trust. But related-party transactions can provide opportunities for individuals to act in a way that creates confusion between the concerns of the …Read More

 

With bonus depreciation, a business can recover the costs of depreciable property more quickly by claiming additional first-year depreciation for qualified assets. The Tax Cuts and Jobs Act (TCJA), signed into law in December, enhances …Read More

 

There are two valuable depreciation-related tax breaks that can potentially reduce your 2017 taxes, if you acquire and place in service qualifying assets by the end of the tax year. Tax reform legislation has been …Read More

 

Unrelated Business Income Tax – What a Non-profit Needs to Know

Think your non-profit never has to pay income taxes? Think again. Unrelated Business Income Tax, or UBIT, is a tax imposed on tax-exempt non-profit organizations that generate profit from an activity that: is a trade …Read More