IRS, Treasury Issue Interim Guidance on Stock Repurchase Excise Tax
Provider Relief Fund (PRF) Period 4 Reporting Deadline is Quickly Approaching According to the table below, recipients of Provider Relief Fund (PRF) and/or American Rescue Plan (ARP) Rural payments...
New Data on Nonprofit Challenges and Opportunities: Benchmark Yourself Against Industry Peers BDO released its annual Nonprofit Standards benchmarking survey of more than 270 nonprofit organizations....
President Biden’s proposed budget includes notable tax provisions President Biden has released his proposed budget for the federal government for the 2024 fiscal year. The budget, which aims to cut...
Inflation Reduction Act: Costs and Benefits for Real Estate & Construction
New West Virginia Pass-Through Entity Tax Effective Tax Years January 1, 2022
U.S. Supreme Court rules against the IRS on critical FBAR issue The U.S. Supreme Court recently weighed in on an issue regarding a provision of the Bank Secrecy Act (BSA) that has split two federal...
Just Ask Why: The Key to Successful Audit Remediation
How Will CECL Affect Your Not‑for-Profit? In 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-13, Financial Instruments – Credit Losses (Topic 326):...
IRS, Treasury Release Corporate AMT Interim Guidance