Insights Blog2023-02-03T18:03:15-05:00

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Providing education and industry insights to stay steps ahead of your competition.

Sage Intacct 2023 Release 2 Enables SaaS Product Bunding, Lockable Statutory Reporting Periods, AR Payment Reversal Date Editing, and More

The ability to bundle SaaS products and allocate revenue efficiently, locking statutory reporting periods after the close, and editing dates on reversed AR payments are among the new features just unveiled in Sage Intacct [...]

Understanding the Privacy and Confidentiality Criteria in a SOC 2 Examination

As service organizations prepare for SOC 2 examinations, understanding the roles of the Privacy and Confidentiality Trust Services Criteria (TSC) can help them manage risk more effectively and optimize the scope of SOC 2 [...]

Expressing Support for American Innovation and Jobs Act: Proposed Repeal of Section 174 and Expanding R&D Credits

On March 16, 2023, Sens. Maggie Hassan (NH), Todd Young (IN), and 10 others introduced Senate Bill 866, the "American Innovation and Jobs Act”. The proposal is designed to promote innovation and job growth [...]

Lease Reassessment and Remeasurement Requirements Under the ASC 842 Accounting Standard

Now that your company has transitioned to the ASC 842 Lease Accounting standard, what comes next? What do you do when the lease arrangement changes, or the facts and circumstances change after your initial [...]

California Sales Tax Limited Access Code Phasing Out – Taxpayer Action May Be Required

As California’s Department of Tax and Fee Administration (CDTFA) begins phasing out Limited Access Codes and Express Logins on April 1, 2023, taxpayers will only be able to file timely returns with the CDTFA [...]


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