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).
Tom Blaney was quoted in the New York Times article, “Reaping the Benefits of an Aging Work Force.”
Tom Blaney was quoted in the New York Times this past weekend in print and in an online version today.
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.
Gemma Leddy Featured in MarketCurrents Wealth Magazine
Gemma Leddy was recently featured in MarketCurrents Wealth Magazine.
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.
Lou LiBrandi’s Article Published in ACUA College and University Auditor Journal
An article written by Lou LiBrandi entitled “Tax Compliance” was recently published in the Winter 2018 edition of the ACUA College and University Auditor Journal.
C Corporations Find New Life under the Tax Cuts and Jobs Act
Much has been written on the provisions of the tax legislation which was signed by President Trump on December 22, 2017.
Bipartisan Budget Act of 2018: Excess Business Holdings [Newman’s Own Exception]
After weeks of intense Congressional negotiations, the Bipartisan Budget Act of 2018 (Act) was signed into law on February 9, 2018.
PKF O’Connor Davies Introduces Endowment Fund Accounting Services
Enhanced Offering streamlines oversight and reporting for organizations and donors.
Bipartisan Budget Act of 2018: More Changes to Employee Benefits
The Bipartisan Budget Act of 2018 was signed on February 9, 2018. This agreement was needed to keep the government operating and avoid another government shutdown.
Bipartisan Budget Act: Extension of Certain Tax Provisions from December 31, 2016 to December 31, 2017
When the Bipartisan Budget Act of 2018 was signed by President Trump on February 9, 2018 not only was a complete government shut down avoided, but over 30 tax provisions (that expired as of December 31, 2016) were retroactively extended; in most cases to December 31, 2017.