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Accounting News
Taxpayers Should Know the Signs of a Phone Scam, Especially During Filing Season
Taxpayers should be aware that aggressive criminals pose as IRS agents in hopes of stealing money or personal information. The tax filing season is a prime time for phone scams because people are thinking about taxes. Here are some tell-tale signs of a tax scam along...
Tax Time Guide: Payment options available for those who owe
WASHINGTON — The Internal Revenue Service today reminded taxpayers that if they need to make a tax payment or owe and can’t pay, the IRS offers several options. This news release is part of a series of IRS tips called the Tax Time Guide, designed to help taxpayers...
The Final IRS Hardship Distribution Regulations
Diane Nesbit, CPA, is a Senior Audit Manager specializing in Employee Benefit Plan audits. She is the leader of our Employee Benefit...
Proposed reliance regs address meal and entertainment expense deductions
IRS updates guidance on business expense deductions for meals and entertainment The IRS has proposed reliance regs that provide rules for deducting certain meal and travel expenses, in light of the Tax Cuts and Jobs Act's elimination the deduction for entertainment,...
Proposed Accounting Standard Update on Gifts in-Kind
Kyle Robbins, CPA, is the leader of our Nonprofit Practice Group. He is an audit and compliance expert for nonprofits and emerging...
Updated: Insurance Data Security Model Law
Recent Model Adoption or Specific Related State Activity The purpose and intent of this Act is to establish standards for data security and standards for the investigation of and notification to the Commissioner of a Cybersecurity event. Applicable to licensed,...
Revenue 606 Disclosures for Private Companies
Andrew Wan, CPA, CFE, is the leader of our Emerging Markets and Small to Medium Sized Business Practice Groups. He is an expert in IT...
How Will the New California Consumer Privacy Act (CCPA) Impact My Business?
Andrew Wan, CPA, CFE, is the leader of our Emerging Markets and Small to Medium Sized Business Practice Groups. He is an expert in IT...