• More Storm-Related Tax Relief: H.R. 3823 Signed Into Law

    Published: Oct 4, 2017
    On Sept. 29, 2017, President Donald Trump signed into law tax provisions designed to help those affected by Hurricanes Harvey, Irma and Maria. Read our article for details and see if you might be eligible.

  • All Florida & Georgia Counties Eligible for Irma Tax Relief

    Published: Sep 14, 2017
    UPDATED 9.18.2017: All Florida and Georgia counties now are eligible for an extension of tax filing deadlines until Jan. 31, 2018, in the wake of Hurricane Irma. Find out what it means for you.

  • You're Ready for Irma... But What About Your IT Network?

    Published: Sep 7, 2017
    It’s not too late to protect your computers and data from the effects of Hurricane Irma. Here are some quick steps you should take NOW to minimize possible downtime due to storm damage.

  • The Calm Before the Storm: Protect Your Construction Site Now!

    Published: Sep 7, 2017
    The record-breaking winds that accompany major hurricanes like Irma can cause severe damage. With good planning, you can help protect your construction site and mitigate potential damage from this impending storm.

  • Employee or Contractor? What Medical Practices Should Know Before Hiring!

    Published: Sep 1, 2017
    Employees and independent contractors can each fill important needs in your practice, but there are important distinctions between the two. Read more about how to differentiate between them to avoid possible penalties or liability.   

  • 10 Biggest Myths of HIPAA Risk Assessments

    Published: Sep 1, 2017
    HIPAA risk assessments are required by law, yet surprisingly few healthcare facilities complete them. HealthIT.gov has identified the 10 biggest myths of HIPAA risk assessments and explained the truth behind them. 

  • New I-9 Released; Use Required by September 18

    Published: Jul 21, 2017
    The latest version of Form I-9 was just released by the U.S. Citizenship and Immigration Services (USCIS). Check out the changes here, and be sure to switch to the new version before Sept. 18. 

  • GASB Statement No. 87 Addresses Single Approach for Reporting Leases

    Published: Jun 30, 2017
    The Governmental Accounting Standards Board (GASB) has detailed new guidance that establishes a single approach to accounting for and reporting leases by state and local governments. Find out more about these guidelines! 

  • Procurement Standards Changes: What You Need to Know

    Published: Jun 21, 2017
    In December of 2013, the United States Office of Management and Budget (OMB) issued comprehensive grant reform rules that resulted in changes related to contract procurement. Here are a few highlights of these changes, as well as some steps you can take to prepare.

  • Form 990 Article Series 05: Unrelated Business Income: What is it and how do I identify it?

    Published: Jun 21, 2017
    Many nonprofit organizations are seeking alternative revenue sources that are outside their exempt purpose in an effort to raise additional funds. It is important to understand what constitutes unrelated business income so it can be identified and properly reported to the IRS.

  • The IRS Form 990: It’s Not Just for Taxes Anymore!

    Published: Jun 21, 2017
    Believe it or not, your IRS Form 990 contains information that can be valuable in your marketing efforts. Find out how to zero in on some key differentiators to help promote your nonprofit. 

  • Work Opportunity and Fuel Tax Credits: The IRS Helps Those Who Help Themselves

    Published: Jun 20, 2017
    We previously covered a general list of tax incentives that can benefit manufacturers and tech firms. Read on for more in-depth information on two particular tax credits: the Work Opportunity Tax Credit, and the Fuel Tax Credit.

  • What You Don’t Know… Can Save You Money

    Published: Jun 20, 2017
    Manufacturers and technology firms could reap thousands of dollars in savings thanks to a wide range of tax incentives. It’s well worth investigating what might work for your company—and we can help you understand the finer details of each.

  • GASB Statement No. 86: In-Substance Defeasance of Debt

    Published: May 30, 2017
    The Governmental Accounting Standards Board (GASB) has detailed new guidance for in-substance defeasance of debt. Read more about these guidelines—and come visit us at the FCCMA conference in Orlando! 

  • NCAA Agreed-Upon Procedures: What You Need to Know for 2017

    Published: May 23, 2017
    The NCAA has issued its 2017 Agreed-Upon Procedures guide. Read on to find out about key changes that affect both your operations and the procedures your CPA firm follows.  

  • GASB Releases Implementation Guides to Clarify Requirements

    Published: May 12, 2017
    The Governmental Accounting Standards Board (GASB) recently released two Implementation Guides designed to answer questions and explain further certain GASB statements. 

  • Sales Tax Breaks Ahead

    Published: May 4, 2017
    Florida lawmakers recently completed and passed HB 7109, the highly anticipated 2017 sales tax relief package.

  • Ransomware: Why Data Backups are Your Best Defense

    Published: May 4, 2017
    Files you can’t access. A system you can’t operate. And a brazen message demanding payment or else your data will be destroyed. This is a ransomware attack—and here’s what you need to know about it.

  • Key Aspects of FASB’s New Nonprofit Standards

    Published: May 4, 2017
    Now that FASB standard No. 2016-14 is in place, it is a good time to revisit the changes that make nonprofit reporting practices less confusing and statements easier to understand. 

  • Top Five Upcoming GAAP Changes Nonprofits Should Know

    Published: May 4, 2017
    If you run a nonprofit organization, pay heed to several upcoming changes to GAAP guidelines that cover going concern requirements, consolidation requirements, fair value disclosures and more. 

  • Putting a Dollar Value on Volunteer Time

    Published: May 2, 2017
    We all know the importance of volunteers. But can we put a number on the value of their work? The answer is yes—and that number is a big one. 

  • BrickerBot: Putting Security and Convenience at Risk

    Published: Apr 18, 2017
    Do you use the internet to monitor your business’ security system, video surveillance, building controls (lights, temperature, etc.) or other functions? BrickerBot is a new security threat targeting these systems.

  • Demand the Best from Your Remote Backup Service

    Published: Apr 18, 2017
    You’ve made the wise choice of backing your data up to a secure off-site facility! Read more about the requirements you should insist upon when choosing a firm to perform your backup.

  • Cost Segregations: A Dollar Today is Worth More than a Dollar Tomorrow

    Published: Mar 28, 2017
    A cost segregation study can provide increased cash flow, reduced current tax liability, and other benefits by identifying costs that can be depreciated over a shorter timeframe than the one mandated by the IRS. 

  • GASB Releases Statement No. 85

    Published: Mar 22, 2017
    On Monday, March 20, the Governmental Accounting Standards Board (GASB) issued Statement No. 85 to address several accounting and financial reporting issues. 

  • Partnership vs. S Corp: What’s Best for Holding Property?

    Published: Mar 1, 2017
    Holding real estate in an S corporation may seem like a great idea when forming a new entity. Why, then, do more professionals recommend partnerships as the most attractive vehicle to hold real estate?

  • Know the Rules of the Florida Commercial Rent Sales Tax

    Published: Mar 1, 2017
    If you hold real property and business operations in separate entities for liability purposes, sales tax is still due on any rental payments (or payments construed as rent) made from the business to the real estate holding company.

  • The IRS Relaxes Enforcement of ACA Mandate Penalties

    Published: Mar 1, 2017
    As the new administration plans drastic changes to the Patient Protection and Affordable Care Act (ACA), the IRS has eased enforcement of the individual mandate component.

  • Like-Kind Exchanges and How You Can Benefit

    Published: Mar 1, 2017
    If you’re selling business or investment property for a gain, you can postpone paying tax on the gain with like-kind exchanges. Read more about this option and whether it’s right for you. 

  • ACA Marketplace Notice Forms: One “Use By” Date You Can Ignore

    Published: Mar 1, 2017
    Despite their January and February 2017 expiration dates, you can still use the current health insurance marketplace notice supplied by the U.S. Department of Labor.

  • Employee Handbooks: A Vital Company Communication Tool

    Published: Feb 2, 2017
    An employee handbook that isn’t relevant, well planned and periodically reviewed can cause confusion, mistrust and even legal trouble. Here are a few common do’s and don’ts when it comes to these handbooks. 

  • How to Compare Tax-Exempt and Taxable Investment Yields

    Published: Jan 31, 2017
    We are frequently asked how to compare the yield on a tax-free bond with the yield on a taxable investment. Thankfully, there is a fairly straightforward formula you can use to come up with comparative yields if you know your tax bracket. 

  • Decisions, Decisions: Incentive vs. Non-Qualified Stock Options

    Published: Jan 30, 2017
    Stock options are a great way to attract high-quality talent to your company. Read on about the benefits and drawbacks of the two most popular types of these options. 

  • Making a Graceful Transition – What is Your Plan?

    Published: Jan 6, 2017
    By laying the groundwork of transition planning now, you and your family can have peace of mind knowing that your wishes are documented when the time comes for you to move on.  

  • Tax Time: The Clock Starts... Now!

    Published: Jan 6, 2017
    As we dive head-first into tax season, we want you to be aware of several important deadlines and considerations that will make life easier for both you and your CPA. 

  • IRS Penalty Eliminated for Employer Reimbursements of Healthcare Costs

    Published: Dec 13, 2016
    President Barack Obama has signed into law legislation that eliminates penalties on employers who reimburse employees for the cost of health insurance premiums. 

  • Building Your Business: The Ins and Outs of Entity Structuring

    Published: Dec 5, 2016
    The entity structure you choose for your business affects the decisions you make later, from determining your tax liability to offering stock options. 

  • The New Year Means a New Form I-9

    Published: Nov 30, 2016
    A new Form I-9 makes it easier for companies to comply with USCIS regulations on employment eligibility. Read more about the changes on the form and why they were made.   

  • BREAKING NEWS - DOL Overtime Rule Blocked

    Published: Nov 23, 2016
    The new Department of Labor (DOL) federal overtime rule, scheduled to take effect on Dec. 1, has been blocked by a federal judge.