Insights

As a member of PKF International Ltd., a global network operating in 150 countries, we are pleased to bring you a worldwide compendium of recent changes and amendments in tax policies and regulations.

Back in the 1980s, in addition to fire and flood precautions, safeguarding company equipment and documents came down to a “key” to a door and/or to a file cabinet and maybe a “combination” to a safe or a vault. These days, the pervasiveness of technology-driven security cameras provides additional protection for us and our property.

The Securities and Exchange (SEC) plans to finalize a rule in the fall of 2018 to revise the regulatory definition of “smaller reporting company” and let more companies submit filings with fewer disclosures.

In today’s business environment, almost all companies have become increasingly reliant on Information Technology systems and digital data in some way.

Well, the results of our annual M&A survey are in and there are some interesting things to note.

The Financial Accounting Standards Board (FASB or Board) recently issued Accounting Standards Update (ASU) 2018-01—Leases (Topic 842): Land Easement Practical Expedient for Transition to Topic 842.

The President signed H. R. 1, The Tax Cuts and Jobs Act, into law on December 22, 2017.

President Trump signed into law the “Act to Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018,” commonly referred to as the “Tax Cuts and Jobs Act” (TCJA).

Timing is everything, as they say. Determining when it’s time to seek the services of a forensic accountant can make all the difference when you’re involved in a business or personal dispute.

In anticipation of Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842) becoming effective, now is a good time to discuss the potential impact of this new guidance from the Financial Accounting Standards Board (FASB) on accounting for operating leases for broker-dealers.

While there are limited effects from the enactment of the Tax Cuts and Jobs Act (the Act) for most private foundations, one such consequence applies to foundations and other tax-exempt organizations as employers.

The effects of the new tax law are wide-ranging and getting out information to our clients is our goal.