On June 21, 2018, the Financial Accounting Standards Board (FASB) has issued accounting standards update (ASU) No. 2018-08, Not-for-Profit Entities (Topic 958): Clarifying the...Read More
With the new tax guidelines being pushed into effect, there is the possibility that the usage of outdated W-4 forms could create some confusion...Read More
The Internal Revenue Service (IRS) has announced a 30-day automatic extension, in IRS Notice 2018-06, for furnishing 2017 IRS Forms 1095-B (Health Coverage) and...Read More
The IRS has recently announced the cost of living adjustments that will affect the dollar limitations for pension plans and retirement-related items for the...Read More
Deciding to migrate from a paper-based record keeping system to an electronic alternative offers a business many advantages. These advantages include saving physical space,...Read More
One of the most frustrating internal control processes for accountants and auditors alike is the dreaded company credit card and employee expense reimbursements. You...Read More
In March 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update, 2017-07, Compensation – Retirement: Improving the Presentation of Net Periodic Pension...Read More
