BLog-News-updates
Accounting News
2020 Year-End Tax Planning: Elections and COVID Keep Us Guessing
Special Report Planning Strategies and Techniques Available Through End of Year Tax planning in 2018 and 2019, in the wake of the Tax Cuts and Jobs Act, was largely a settled issue. Tax rates have been stable at a low level, meaning that there hasn't exactly been much...
Determining Deductibility of Expenses Paid For by PPP Loan Proceeds
Craig Swindlehurst CPA, Tax Manager at Larson & Company, specializes in tax planning and preparation for individuals, small...
2021 Business Impacts of 2020 Events
James Davis, CPA, is an Audit Senior specializing in Cybersecurity and IT audits. He is also a member of the Emerging Industries Practice...
IRS makes new stricter offer to settle micro-captive insurance audits
In a News Release, the IRS has announced a new, stricter limited-time settlement offer for certain taxpayers who participated in abusive micro-captive insurance transactions. Background. Broadly speaking, a micro-captive transaction is a transaction in which a...
Upcoming GAAP Pronouncements as of 10-12-2020
Click here for a printable pdf version of this GAAP update.
Acounting Standard Update on Gifts In-Kind
Kyle Robbins, CPA, senior audit manager, is the leader of our Nonprofit Practice Group. He is an audit and compliance expert for...
Know Your Cash Position to Successfully Endure a Crisis
When the...
IRS provides updated information regarding micro-captive insurance transactions
In a News Release, IRS has provided updated information on its enforcement efforts with respect to micro-captive insurance transactions. Background. Broadly speaking, a micro-captive insurance transaction is a transaction in which a taxpayer attempts to reduce the...