Articles
The IRS Taxpayer Advocate Service
You often hear a relative or friend describe dealing with the Internal Revenue Service (IRS) as “distressful.” In case you didn’t know, the answer may be to complete Form 911, Request for Taxpayer Advocate Assistance.
Fraud Risk Considerations for Foundations
Fraud can come in many different shapes and forms, and it is vital for foundations to address the fraud risks that are specific to their operations.
How to Protect a Business as Sales Tax Audits Surge
With states anticipating a significant reduction in sales tax revenue, Sales and Use Tax Audits are on the rise.
Reducing the Risk of Higher Education Partnerships, Mergers and Acquisitions
The past decade has been difficult for higher education institutions – from enrollment decline to pandemic-related challenges – a number […]
Advocates Worry Donor Fund Proposal Could Chill Legit Use
In a recent article Advocates Worry Donor Fund Proposal Could Chill Legit Use, published in Law360, Tom Blaney, Director of […]
Cyber Roundup – May 2022
As you read through the cyber incidents recently occurring, you will note a real-world example of how much damage ransomware can inflict.
New York’s Budget Bill and Subsequent Legislation Includes Significant Pass-Through Entity Tax (PTET) Changes
New York’s fiscal year 2022-2023 State Budget Bill (Bill) as well as subsequent legislation, recently signed by Governor Hochul, contains significant changes to the New York State (NYS) PTET and creates a New York City (NYC) PTET.
Connecticut Enacts “Tax Cut” Budget Bill
Connecticut’s $24.2 billion budget bill for the fiscal year starting July 1, 2022 was signed by Governor Lamont on May 9th, 2022.”
Current Insights on Private Equity Deal Terms & Earnouts
Generally speaking, 2021 was a remarkable year for M&A activity in the private equity (PE) space, with global PE volume increasing approximately 111% in 2021 compared to 2020, ending the year at approximately $1.2 trillion worth of deals as posted in the Harvard Law School Forum on Corporate Governance.
Don’t Miss Your Filing Deadline – Implement GASB No. 87 Now
The Government Accounting Standards Board (GASB) issued Statement No. 87 Leases (GASB 87) to establish a single leasing model for accounting and reporting purposes.
SEC Climate-Related Disclosures Proposal: Transparency or Regulatory Burden?
This article will contrast the focus of the two disclosure frameworks and highlight the attestation expectation and timelines for compliance outlined by the SEC Climate-Related Disclosure proposal document
Cyber Roundup – April 2022
As we read about the victims of cybercrime each month, it is important to bear in mind that many of these breaches were preventable.