BLog-News-updates
Accounting News
Recent Adoptions and Exposures from the NAIC
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read moreSAPWG Releases New Exposure Drafts at 2019 NAIC Spring Planning Meeting
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read moreSSAP Updates from the 2019 NAIC Spring Planning Meeting
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read moreRecent developments that may affect a YOUR tax situation
The following is a summary of important tax developments that occurred in January, February, and March of 2019 that may affect you, your family, your investments, and your livelihood. Please call us for more information about any of these developments and what steps...
read moreTreat your captive like an insurance company, not a tax dodge
Another example of why if you’re going to set up a captive, you need to treat it like an insurance company and not a tax dodge. Captive Insurance Arrangement Not Insurance; Premiums Not Deductible A microcaptive insurance arrangement did not meet the definition of...
read moreUpcoming GAAP Updates as of 4-8-2019
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read moreUPDATE: ASU 2016-01 FINANCIAL INSTRUMENTS
WHY: Before the global financial crisis that began in 2008, both the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) began a joint project to improve and to achieve convergence of their respective standards on the...
read moreImproving Financial Oversight of Board Members
by Kyle Robbins, CPA Individuals will often join a not-for-profit board with the intent of focusing on their strengths to help further the mission of the organization. These strengths are also what made the individual stand out to the organization in the board...
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