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

How New Labeling Rules Might Impact the Food and Beverage Industry … in a Good Way

In an effort to create greater transparency, accountability and traceability in the food industry, Congress passed two game-changing pieces of legislation in 2016. As the first major change to labeling requirements in nearly 20 years, food and beverage companies are [...]

By |2019-04-09T14:09:58-04:00April 9th, 2019|Categories: Blog, Tax|Tags: , |0 Comments

California’s New Use Tax Collection Requirements: What the Wayfair Ruling Means for Retailers

With online retail becoming the preferred method of shopping in America, it was only a matter of time until states would start demanding their share of the sales pie. Unlike purchases in a physical store location, loopholes let bargain [...]

By |2019-04-09T14:14:10-04:00April 9th, 2019|Categories: Blog, Small Business Services, 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