It’s Not Too Late! Last Minute Tax Savings for Manufacturers
The celebrations to welcome 2020 may have passed, but that doesn't mean that your 2019 tax year is set in stone. Believe it or not, there are still some moves [...]
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 point [...]
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 [...]