On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (IRA) which includes widespread provisions impacting taxation, healthcare and renewable energy. Although…
Updated accounting rules for long-term leases took effect in 2019 for public companies. Now, after several deferrals by the Financial Accounting Standards Board (FASB), private…
The Inflation Reduction Act (IRA), signed into law by President Biden on August 16, contains many provisions related to climate, energy and taxes. There has…
In the past decade, the majority of worldwide financial transactions have moved online, including the use of cryptocurrency. Cryptocurrency is a type of digital currency…
During the early stages of the COVID-19 pandemic, many cash-short small businesses turned to their banks, while others sought help from family and friends. Unfortunately,…
While the recently announced student loan debt relief has captured numerous headlines, it’s estimated that another federal relief program announced on the same day will…
Auditing standards require external auditors to consider potential fraud risks by watching out for conditions that provide the opportunity to commit fraud. Unfortunately, conditions during…
“Vishing” may sound familiar, but unless you’re a fraud investigator, you probably haven’t encountered it. Unfortunately, that could change … soon. To foil a scam…
It’s difficult enough to divide a marital estate. But when a divorcing spouse owns a private business and attempts to artificially deflate its profits or…
Why Was the Pass-Through Entity Tax Needed? On December 20, 2017, the Tax Cuts and Jobs Act (TCJA) was passed, limiting the amount of state…