R&D Credits are Alive and Kicking in the TCJA!
Many of the changes brought about by the Tax Cuts and Jobs Act (TCJA) can benefit taxpayers already claiming the credit for increasing research activities (as well as those who [...]
Suzanne Forbes in The Daytona Beach News Journal
Tax Partner, Suzanne Forbes, CPA, was quoted throughout the Daytona Beach News-Journal article, "As deadline looms, here are last-minute tax tips from area experts". The article discusses penalties for late [...]
Revenue Recognition Changes for Contractors – What Does This Mean for You?
Revenue drives the financial results used by owners, banks, and sureties to measure success for a construction company. So it stands to reason that revenue recognition for contractors – the [...]
FIRPTA Withholding – Top 10 Questions
What is FIRPTA withholding? The acronym stands for the Foreign Investment in Real Property Tax Act and is used to describe withholding of tax on the sale of real estate [...]
GASB 89 – Interest Cost in Construction
The Governmental Accounting Standards Board (GASB) has released new guidance that sets requirements for interest cost incurred before the end of a construction period. GASB Statement No. 89, announced on [...]
New GASB Debt Disclosure Requirements Begin June 15!
State and local governments will now be required to include in their financial statement notes additional information regarding debt held, following the issuance of a new standard from the Governmental [...]