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The Financial Accounting Standards Board (the FASB or the Board) issued Accounting Standards Update (ASU) 2017-11 with the intent to simplify the accounting for certain equity-linked financial instruments (or embedded conversion options) that use down round features.

Sins — those related to drinking (alcohol or sugary drinks), smoking (tobacco or marijuana), gambling, or sex — have been around for quite a while.

Recently, two members of the Senate Finance Committee introduced a bill entitled “Charities Helping Americans Regularly Throughout the Year (CHARITY) Act of 2017” (the “Bill”).

A new benefit called Paid Family Leave will soon become part of the New York Workers Compensation Laws.

We would like to remind our readers that the filing date for Form 5500 is fast-approaching.

The Internal Revenue Service (IRS) issued proposed regulations intended to provide guidance with respect to the application of Internal Revenue Code (IRC) Section 457 to nonqualified deferred compensation arrangements.

Employers who sponsor retirement plans are reminded to implement procedures for dealing with former plan participants who leave their vested account balances in the plan long after they have separated from service with their employer.

After many years of deliberations, outreach and exposure drafts, the Public Company Accounting Oversight Board (PCAOB) adopted a new standard aimed at expanding the audit report to provide information that they believe is important and informative to investors.

By Gemma Leddy, CPA Establishing a family office is a logical next step for many individuals and families who have accumulated […]