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So far Thomson Reuters has created 189 blog entries.

Overview of Provisions of the SECURE Act Affecting Plan Sponsors

Congress recently passed-and the President signed into law-the SECURE Act, landmark legislation that affects the rules for creating and maintaining employer-provided retirement plans. Whether you currently offer your employees a retirement plan (or are planning to do so), you should [...]

By |2020-01-17T22:00:59-05:00January 17th, 2020|Categories: Audit, Blog|Tags: , |0 Comments

SECURE Act Provisions Affecting Individuals

Congress recently passed, and the President signed into law, the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), landmark legislation that may affect how you plan for your retirement. Many of the provisions go into effect in [...]

By |2020-01-17T22:03:32-05:00January 17th, 2020|Categories: Blog, Small Business Services, Tax|Tags: |0 Comments

New Law Helps Businesses Make Their Employees’ Retirement Secure

A significant law was recently passed that adds tax breaks and makes changes to employer-provided retirement plans. If your small business has a current plan for employees or if you’re thinking about adding one, you should familiarize yourself with the [...]

By |2020-01-06T16:22:55-05:00January 6th, 2020|Categories: Audit, Blog, Small Business Services, Tax|0 Comments

Employee Benefit Plans: Do you Need a Form 5500 Audit?

Some benefit plans are required to include an opinion from an independent qualified public accountant (IQPA) when filing Form 5500 each year. The IQPA examines the plan’s financial statements and schedules to ensure they’re presented fairly and in conformity with [...]

By |2020-01-03T17:53:00-05:00January 3rd, 2020|Categories: Audit, Blog|Tags: , , |0 Comments

New Law Provides a Variety of Tax Breaks to Businesses and Employers

While you were celebrating the holidays, you may not have noticed that Congress passed a law with a grab bag of provisions that provide tax relief to businesses and employers. The “Further Consolidated Appropriations Act, 2020” was signed into law [...]

By |2020-01-03T17:45:46-05:00January 3rd, 2020|Categories: Audit, Blog, Tax|Tags: , , , |0 Comments

Nonprofits: Are you Ready for the New Contribution Guidance?

When the Financial Accounting Standards Board (FASB) updated its rules for recognizing revenue from contracts in 2014, it only added to the confusion that nonprofits already had about accounting for grants and similar contracts. Fortunately, last year, the FASB provided [...]

Wayfair Revisited — It’s Time to Review Your Sales Tax Obligations

In its 2018 decision in South Dakota v. Wayfair, the U.S. Supreme Court upheld South Dakota’s “economic nexus” statute, expanding the power of states to collect sales tax from remote sellers. Today, nearly every state with a sales tax has [...]

By |2019-12-27T13:35:28-05:00December 27th, 2019|Categories: Blog, Tax|Tags: , |0 Comments

Year-End Accounting Recap

The Financial Accounting Standards Board (FASB) hasn’t issued any major new accounting rules in 2019. But there have been some important developments to be aware of when preparing annual financial statements under U.S. Generally Accepted Accounting Principles (GAAP). Deferral of [...]

By |2019-12-27T13:03:03-05:00December 27th, 2019|Categories: Audit, Blog, GAAP, Tax|Tags: , , , |0 Comments

Small Businesses: It may not be too Late to Cut Your 2019 Taxes

Don’t let the holiday rush keep you from taking some important steps to reduce your 2019 tax liability. You still have time to execute a few strategies, including: Buying assets.Thinking about purchasing new or used heavy vehicles, heavy equipment, [...]

By |2019-12-18T18:39:48-05:00December 18th, 2019|Categories: Blog, Small Business Services, Tax|Tags: , , , |0 Comments

Risk Assessment: A Critical Part of the Audit Process

Audit season is right around the corner for calendar-year entities. Here’s what your auditor is doing behind the scenes to prepare — and how you can help facilitate the audit planning process. The big picture Every audit starts with [...]

By |2019-12-18T18:31:36-05:00December 18th, 2019|Categories: Audit, Blog|Tags: , , |0 Comments