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 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 [...]
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 [...]
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 [...]
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 [...]
The Tax Cuts and Jobs Act affects pretty much every industry in the nation—and real estate is no exception. Your business or portfolio is bound to be impacted by this [...]