INSIGHTS AND RESOURCES

Outsourcing for business services companies

Outsourcing for business services companies

Finance and Accounting Outsourcing (FAO) for business services allows you to maximize your time with your clients.
Proposed changes to interim disclosure requirements

Proposed changes to interim disclosure requirements

A recent proposed ASU addresses disclosure requirements for entities preparing interim financial statements and notes.
Employer compensation considerations for remote workers

Employer compensation considerations for remote workers

Employers must set compensation policies for remote workers taking into account federal and state tax laws and state legal requirements.
2021 Audit Committee Transparency Barometer

2021 Audit Committee Transparency Barometer

The Center for Audit Quality and Audit Analytics recently released their 2021 Audit Committee Transparency Barometer.
Accounting for acquired revenue contracts with customers

Accounting for acquired revenue contracts with customers

The FASB recently addressed how an acquirer should recognize and measure revenue contracts acquired in a business combination.
Mitigations and Hardening Guidance for MSPs and Small and Mid-sized Businesses

Mitigations and Hardening Guidance for MSPs and Small and Mid-sized Businesses

The Employee Retention Tax Credit was significantly expanded by the federal relief and stimulus package finalized Dec. 27, 2020.
Nonqualified deferred compensation plans and payroll tax withholding

Nonqualified deferred compensation plans and payroll tax withholding

One of the most common issues overlooked by employers relates to the special timing rule in section 3121(v)(2).
How advanced technologies can streamline supply chains

How advanced technologies can streamline supply chains

Advanced technologies can help manufacturers achieve better situational awareness of their supply networks. Learn more.
FASB project updates: ASC 326, Financial Instruments – Credit Losses

FASB project updates: ASC 326, Financial Instruments – Credit Losses

The FASB recently provided two project updates related to its post-implementation review of Accounting Standards Update 2016-13.
Private company practical expedient

Private company practical expedient

The FASB recently provided a practical expedient to private companies that issue equity-classified share-based awards.
Approaching deadline for COVID-19-related cafeteria plan amendments

Approaching deadline for COVID-19-related cafeteria plan amendments

By Dec. 31, 2021, any employer that made COVID-19-related changes to the operation of its cafeteria plan must adopt formal amendments.
IRS adds vehicles to section 30D qualified electric vehicle list

IRS adds vehicles to section 30D qualified electric vehicle list

IRS adds 12 new 2022 vehicles eligible for tax credit of up to $7,500, including vehicles manufactured by Hyundai, Kia, Mitsubishi and Ford.
Notice 2021-56 proposes section 501(c)(3) exemption standards for LLCs

Notice 2021-56 proposes section 501(c)(3) exemption standards for LLCs

The IRS recently announced new requirements for LLCs to qualify as exempt organizations under section 501(c)(3).
Can each company in your group support its interest deductions?

Can each company in your group support its interest deductions?

Recent IRS advice notes that a company group including several companies must support the interest deductions claimed by a specific company.
Life sciences: IPO and public market update

Life sciences: IPO and public market update

The road to IPO for life sciences companies is complex and requires significant time to plan and execute to ensure success. Are you ready?