Articles
Tax Reform: New Excise Tax on Excessive Compensation Paid by Tax-Exempt Organizations
The effects of the new tax law are wide-ranging and getting out information to our clients is our goal.
Hedge Fund Investor’s Annual Review Checklist: Evaluating Liquidity and Market Risk Management Practices
As 2018 progresses, market volatility has returned to US equity markets.
Financial Aspects of Divorce
Divorce is often a chaotic life event, and the financial issues involved may add to the discord.
Federal Tax Reform: Impact on Unrelated Business Income
The Tax Cuts and Jobs Act (TCJA) made several changes to the tax laws affecting tax exempt organizations, including the reporting and taxation of unrelated business taxable income (UBTI).
Understanding the Net Investment Income Excise Tax
The hopes of foundation managers for tax reform of the net investment income excise tax were again dashed when Congress late last year failed to enact the proposed simplification of the excise tax to a flat tax of 1.4%
Planning for the New NFP Liquidity Disclosures
Not-for-profit organizations with calendar year-ends are required to implement the Financial Accounting Standards Board’s (FASB) Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities for the year ended December 31, 2018.
Blockchain Technology and Transfer Pricing
Blockchain is an emerging technology that could revolutionize business.
Cyber Roundup – March 2018
Welcome again to the month’s multifaceted world of cyber criminality. Precipitated by spoofing, spamming, sniffing, sandboxing, phishing, spyware, ransomware, adware, etc., the results are an almost infinite number and variety of cyber crime.
Amendments to Income Statement — Reporting Comprehensive Income (Topic 220) Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income
The Financial Accounting Standards Board (FASB or Board) recently issued Accounting Standards Update (ASU) No. 2018-02, Income Statement—Reporting Comprehensive Income (Topic 220).
Update on the FASB Grants and Contracts Project
The Financial Accounting Standards Board (FASB or Board) continues to inch closer to finalizing its guidance for contributions received and contributions made.
Cybersecurity – Long-Term Care Facilities in the Crosshairs
We have worked with many long-term care facilities and have had direct experience with how long-term care facilities typically safeguard the electronic protected health information.
Impact of Excess Business Losses on Fund Managers
As we continue to examine specific provisions of the Tax Cuts and Jobs Act, it is becoming increasingly clear that numerous provisions will directly or indirectly impact investment management companies and/or their principals.