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So far Thomson Reuters has created 111 blog entries.

Now or Later? When to Report Subsequent Events

Financial statements present a company’s financial position as of a specific date, typically the end of the year or quarter. But sometimes events happen shortly after the end of the period that have financial implications for the prior period or [...]

By |2019-04-15T18:18:01-04:00April 15th, 2019|Categories: Blog, Tax|Tags: , |0 Comments

Deducting Business Meal Expenses Under Today’s Tax Rules

In the course of operating your business, you probably spend time and money “wining and dining” current or potential customers, vendors and employees. What can you deduct on your tax return for these expenses? The rules changed under the [...]

By |2019-04-15T18:18:57-04:00April 15th, 2019|Categories: Blog, Tax|Tags: , , |0 Comments

Divorcing Business Owners Need to pay Attention to Tax Implications

If you’re getting a divorce, you know it’s a highly stressful time. But if you’re a business owner, tax issues can complicate matters even more. Your business ownership interest is one of your biggest personal assets and your marital property [...]

By |2019-04-09T13:08:54-04:00April 9th, 2019|Categories: Blog, Small Business Services, Tax|0 Comments

Auditing Accounting Estimates and the Use of Specialists

The Public Company Accounting Oversight Board (PCAOB) recently voted to finalize two related standards aimed at improving audits of accounting estimates and the work of specialists. Though the new, more consistent guidance would apply specifically to public companies, the effects [...]

By |2019-04-05T13:19:33-04:00April 5th, 2019|Categories: Audit, Blog, Tax|0 Comments

Understanding How Taxes Factor into an M&A Transaction

Merger and acquisition activity has been brisk in recent years. If your business is considering merging with or acquiring another business, it’s important to understand how the transaction will be taxed under current law. Stocks vs. assets From a [...]

By |2019-04-01T20:36:18-04:00April 1st, 2019|Categories: Blog, Tax|0 Comments

Simplifying the Accounting Rules for Convertible Debt and Equity

Distinguishing between liabilities and equity on a company’s balance sheet may seem straightforward. But difficulties arise when it comes to the terms of complex securities and financial contracts like redeemable equity instruments, equity-linked or indexed instruments, and convertible instruments. [...]

By |2019-04-09T14:44:15-04:00March 29th, 2019|Categories: Blog, Tax|Tags: , |0 Comments

2019 Q2 Tax Calendar: Key Deadlines for Businesses and Other Employers

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2019. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact [...]

By |2019-03-25T12:47:14-04:00March 25th, 2019|Categories: Blog, Small Business Services, Tax|Tags: , |0 Comments

Transparency is Key with Related Party Transactions

In recent years, external auditors have focused more attention on related party transactions. Although related party transactions aren’t necessarily bad, they do raise some concerns about the risk of misstatement or omission in financial reporting. 3 focal points Issues [...]

By |2019-03-22T15:30:47-04:00March 22nd, 2019|Categories: Blog, Tax|Tags: |0 Comments

Could your Business Benefit from the Tax Credit for Family and Medical Leave?

The Tax Cuts and Jobs Act created a new federal tax credit for employers that provide qualified paid family and medical leave to their employees. It’s subject to numerous rules and restrictions and the credit is only available for [...]

By |2019-03-22T15:34:03-04:00March 18th, 2019|Categories: Blog, Tax|Tags: |0 Comments

ESG Issues: To Report or Not to Report?

Securities and Exchange Commission (SEC) Chairman Jay Clayton recently said that public companies shouldn’t be required to disclose information concerning environmental, social and governance (ESG) matters in their financial statements using a standardized format. Right now, these disclosures are [...]

By |2019-03-23T19:11:14-04:00March 15th, 2019|Categories: Blog, Small Business Services, Tax|Tags: |0 Comments