The One Big Beautiful Bill Act (OBBBA) will have widespread impact for almost every taxpayer. Visit our OBBBA Resource Center regularly for continuing updates and guidance on the tax impact of this legislation to you and your industry.
Learn MoreIn this installment of our “Business Intel” series — helping you monitor, understand and maximize your organization’s liquidity and cash management processes — we provide insights on how to make your debt instruments work for you. As we continue to face disruption while making our way through...
Read MoreAs we all look to navigate the “new normal” brought about by COVID-19, it’s clear that figuring out the complexities of working during a pandemic will continue for the foreseeable future. Though we’re adjusting in real time, the degree of disruption, coupled by a mostly remote workforce, has...
Read MoreIn this installment of our “Business Intel” series — helping you monitor, understand and maximize your organization’s liquidity and cash management processes — we provide more detail on specific strategies to make your working capital work for you. When organizations need cash, they often first...
Read MoreOver the past several weeks, there has been a significant shift from working in the office to working from home as businesses and employees comply with "stay at home" orders across the country. However, businesses that have employees teleworking outside the office could be creating a “presence,” or...
Read MoreIn this installment of our “Business Intel” series — helping you monitor, understand and maximize your organization’s liquidity and cash management processes — we focus on strategies to make your organization’s working capital work for you and ways to optimize your cash management. As we...
Read MoreIn our currently uncertain economic state, it is imperative to have a system in place to help monitor and understand your organization’s liquidity and cash management. In addition to our PowerBI Liquidity Dashboard — which helps analyze your current position and ensure your organization has real...
Read MoreHere we are, barely into Q2 of the calendar year, and many organizations are operating under a budget that is essentially irrelevant. For calendar year-end companies, operating under the current budget for the remainder of the year doesn’t make sense. Organizations with non-calendar fiscal years may...
Read MoreThe current economic environment is anything but run-of-the-mill. Markets are volatile. Uncertainty is ubiquitous. As mutual fund advisors navigate the seas of change, their audit committees should take a deeper look at potential obstacles to upcoming financial reporting cycles and what aspects of...
Read More** This blog was updated on 4/16/20 to reflect May IRS minimum interest rates ** Prior to a few weeks ago, the economy was humming along for most industry sectors; businesses were growing revenue and earnings; and market multiples were strong. Due to the global COVID-19 pandemic, the past few...
Read MoreCash is the lifeblood that supports day-to-day business operations. Near limitless access to capital and liquidity fueled a decade of growth, while illiquidity catapulted the economy into the financial crisis of 2007-2009. Regarding the broader economy, the ease of access to liquidity directly...
Read MoreDespite the hype surrounding data science and analytics, there is a disconnect between the positive perception many seem to have of analytics and the number of companies actually using them. This is especially true in supply chain, where analytics, Internet of Things (IOT) and Industry 4.0 has the...
Read MoreAre you the fiduciary of your organization’s employee benefit plan? If so, do you fully understand what that means? More often than not, many don’t. But it’s important to know what is required of you as a fiduciary and of the company to avoid any potential pitfalls, and liabilities, in this very...
Read MoreMany businesses have stretched the definition of “marketing” to claim some questionable federal income tax deductions. A recent case involving a real estate developer illustrates how the IRS — and the U.S. Tax Court — generally see through these tactics. An Entrepreneur’s Claims The court...
Read MoreIn late 2019, the first substantial legislation related to retirement savings since 2006 became law. The Setting Every Community Up for Retirement Enhancement (SECURE) Act brings numerous changes to the retirement and estate planning landscape, and some of them should prompt careful review of your...
Read MoreIt is hard to overstate the ingenuity and volatility experienced through the digital markets since the first cryptocurrency, Bitcoin, was created in 2009. That volatility, and possibly the limited investor base, has created a unique situation for investment companies holding digital assets — a mixed...
Read MoreWhat are your strategic goals for your enterprise in 2020 and beyond? Do they involve embracing transformative technologies of the future, like robotic process automation (RPA) and artificial intelligence (AI)? Data, technology and computing power are improving faster than ever before, causing...
Read MoreIn December 2019, the Financial Accounting Standards Board (FASB) issued a new accounting standard that simplifies income tax accounting requirements in six unrelated areas that are costly and complex. The FASB issued the changes to remove specific technical exceptions to general principles found...
Read MoreWith funding from donors declining in combination with the rise of funding needs by not-for-profit organizations, many of these entities are feeling the pressure to expand their solicitation efforts. One key expansion effort includes soliciting donations and grants from those in other states....
Read MoreMarkets tend to be cyclical. It’s likely that the U.S. economy will see another recession at some point in the coming years, and real estate will probably be impacted. A quick glance at the headlines hints at possible triggers, from trade conflicts and overvalued markets to terrorist acts and...
Read MoreThe new revenue recognition standard codified in FASB Accounting Standards Codification (ASC) 606 has brought a number of challenges to accountants and other stakeholders. A specific area that has been scrutinized under the new regulations is principal versus agent considerations. The concept of...
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