One of the significant changes required by the new accounting guidance under ASU 2014‑09, Revenue from Contracts with Customers (Topic 606) relates to accounting for uninstalled materials. Under…
As we approach the end of the year, it’s a good idea to review your business expenses for deductibility. At the same time, consider whether…
As the calendar year is coming to an end, manufacturers should be thinking about ways to implement tax savings strategies. The Tax Cuts and Jobs…
Online shopping enables consumers to buy almost anything from the convenience of their own homes. But comfortable surroundings can lull online shoppers into a false…
The last month or so of the year offers accrual-basis taxpayers an opportunity to make some timely moves that might enable them to save money…
When investing for retirement or other long-term goals, people usually prefer tax-efficient investments, such as IRAs, 401(k)s or 403(b)s. Certain assets are well suited to…
Many people reach a point in life when buying some life insurance is highly advisable. Once you determine that you need it, the next step…
One could say that there are only two key milestones in retirement planning: the day you begin participating in a retirement savings account and the…
On June 21, 2018, the Supreme Court of the United States issued a landmark opinion related to sales and use tax in the case of South…
Time is closing in on the deadline for non-public business entities to adopt the new accounting guidance for revenue recognition (ASC 606) for contracts with…