Articles
Termination and Break-Up Fees
Most business sale/purchase agreements contain a termination agreement.
Planning Your Employee International Assignments
If your organization operates globally and selected employees are assigned to international locations on behalf of your company, you and these employees should be cognizant of the complexities of international tax requirements. Here is some information which may assist you in strategically handling such assignments.
Assessing Your Company’s Fraud Risk
Is cash flow tight? Could “trusted” employees be dipping their hands in the cookie jar? Over the past several months there has been an uptick of company management and frontline employees getting caught diverting funds for their own use.
Updated Consolidation Guidance for NFPs that are GPs/LPs in For-Profit Limited Partnerships
The Financial Accounting Standards Board (FASB or Board) has recently issued Accounting Standards Update (ASU) 2017-02, Not-for-Profit Entities—Consolidation (Subtopic 958-810)
Securing Your Electronic Personal and Financial Data
As part of the Security Awareness Tax Tips Program, the IRS, state taxing authorities and the tax industry have recently published some simple tips to better protect your personal and financial data online and at home.
The Private Foundation and Its Artwork
The flourishing contemporary art market paired with the tax benefits that accompany donations of highly appreciated assets have led to a significant increase in the number of private foundations encountering the complexities of valuing, accounting for and maintaining such works of art.
Changes to the 2016 Forms 5500 and 5500-SF and Increases to ERISA Penalty Amounts
The U.S. Department of Labor (DOL), Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation (PBGC) have released advance information regarding changes to the 2016 Form 5500/5500-SF annual return/report schedules and related instructions.
2017 Brings Accelerated Federal Filing Deadlines and New Jersey Sales Tax Rate Decrease
Businesses should be aware that these tax changes are now on the books for 2017.
Are You Ready for the New Revenue Recognition Standard?
We’ve been hearing about the new revenue recognition standard for quite some time.