Articles
Non-Taxpayers Receive IRS Guidance on Clean Energy Direct Payments
The Inflation Reduction Act of 2022 (IRA) brought new and expanded energy tax credits for taxpayers. It also provided an opportunity for tax-exempt entities, state and local governments and tribes (collectively “non-taxpayers”) to receive subsidies in lieu of the clean energy tax credits.
Introducing the New ISSB Sustainability Disclosure Standards
One of the most significant challenges in evaluating the sustainability data provided by companies has been the lack of a globally consistent baseline standard for disclosure.
Reporting Standards Update
In the sustainability sector, some accounting professionals believe that business-sponsored organizations should establish new disclosure expectations.
FASB Proposes Expanded Income Statement Expense Disclosures
The Financial Accounting Standards Board (FASB) recently issued a proposal that would require public business entities to provide detailed disclosure in the notes to financial statements about specific expense categories on an annual and interim basis.
IRS Issues ERC Warnings and Related Guidance on Supply Chain Disruptions
Over the last several weeks, the IRS has issued a number of public statements regarding the Employee Retention Credit (ERC).
8 Ways Private Equity Fund Managers Can Streamline the Year-End Valuation Process
Private equity fund CFOs bear the weight of numerous responsibilities. Given these competing demands, here’s a list of helpful tips to manage year-end valuations, financial reporting processes and procedures.
CFO Insights: Building and Safeguarding Value Through Financial Planning and Analysis
Structuring an effective finance function typically includes financial planning and analysis (FP&A) that involves annual budgeting, monthly variance reviews and periodic reforecasting.
New Jersey Adopts a “Convenience of the Employer” Rule
New Jersey’s Governor Murphy recently signed A 4694, a Bill that created a “convenience of the employer” rule.
M&A Deal Activity Slowed Down in First Half of 2023
North American M&A deal activity persisted in its deceleration trend throughout the first half of 2023, building upon the contraction observed in the second half of 2022.
SEC Adopts Amendments on Cybersecurity Disclosure Rules
On Wednesday, July 26, 2023, the Securities and Exchange Commission (SEC) voted to adopt amendments to its existing rules to enhance and standardize its cybersecurity regulations.
Key Considerations for Investment Policy Statement Implementation
Successful investing requires a strategic plan and provides a foundation an opportunity to strategically align the investment portfolio to their mission and core values.
Farmers: Bonus Depreciation Rules for Tax Years 2023-2026
The government recognizes the crucial role farmers play in our community and has placed great emphasis on ensuring they are given specific tax incentives.