INSIGHTS AND RESOURCES

Discount rate for lessees that are not PBEs

Discount rate for lessees that are not PBEs

The FASB tentatively decided to allow lessees that are not PBEs to make the risk-free rate election by class of underlying asset.
At a glance: NetSuite vs. QuickBooks

At a glance: NetSuite vs. QuickBooks

Read more on the difference between NetSuite and QuickBooks. Many small to medium-sized businesses utilize QuickBooks ...
Complex Media Tax Court case

Complex Media Tax Court case

The Complex Media Tax Court case and its applicability to section 351 transactions and the step-transaction doctrine.
Finalized section 301 regulations

Finalized section 301 regulations

The IRS has issued final regulations under section 301 which become effective Sept. 22, 2021, to reflect current law.
House proposed changes – What should wealthy individuals consider?

House proposed changes – What should wealthy individuals consider?

What are the proposed tax changes affecting individual taxpayers and what should you consider today to limit your exposure to these changes?
IRS targets syndicated conservation easements

IRS targets syndicated conservation easements

IRS issued Notice 2017-10, designating syndicated conservation easements as a listed transaction requiring disclosure.
Interplay between Sec. 174 and Sec. 41 for software development

Interplay between Sec. 174 and Sec. 41 for software development

When accounting for software development costs, various tax accounting methods interact uniquely with the R&D tax credit.
Opportunity zone investors should consider state and local tax credits

Opportunity zone investors should consider state and local tax credits

Companies may be able to realize additional tax savings through state tax credits and other incentive programs.
Owner Readiness for Business Succession

Owner Readiness for Business Succession

Owner readiness is crucial to successful business succession, but many struggle with this first step. Read more on planning goals.
Using partnership compensatory devices in succession planning

Using partnership compensatory devices in succession planning

The ownership structure and tax treatment of partnerships call for unique compensatory devices when designing a succession plan.
Succession planning using employee stock ownership plans

Succession planning using employee stock ownership plans

ESOPs are a unique tool that can be valuable to selling shareholders, corporations and employees in a corporate succession plan.
Equity compensation as a succession planning device

Equity compensation as a succession planning device

Equity compensation plans may alleviate concerns that closely held business owners have during transition planning.
Succession planning using retirement plans

Succession planning using retirement plans

Business owners who work for the company may facilitate an ownership transition by separating service payments from company value.
Using compensatory devices in succession planning

Using compensatory devices in succession planning

With proper foresight, closely held business owners can use multiple tools to address various goals when exiting from the business.
Puerto Rico issues guidance for transfer pricing compliance

Puerto Rico issues guidance for transfer pricing compliance

The Puerto Rico Treasury issued guidance establishing new rules that would require a transfer pricing study to deduct cross-border expenses.