Determining the Path Forward When a Company in Your Portfolio Breaches Its Covenant When a company breaches a covenant in its credit agreement, the reasons behind the breach can be as varied as the...
How 503C Entities Can Benefit from the 179D Tax Deduction The Section 179D Deduction, also known as the Energy Efficient Commercial Building Deduction, is a federal tax incentive designed to...
Client Satisfaction Takes Center Stage: Brown Edwards Wins 2024 Best of Accounting Award! We're thrilled to announce that Brown Edwards has been recognized as a 2024 Best of Accounting Award winner...
Why Choose Brown Edwards: The Value Our Accounting Firm Brings In today's complex financial landscape, choosing the right accounting firm is crucial for a business's success. When evaluating your...
President Biden’s Proposed Budget Highlights His Tax Agenda President Biden has released his proposed budget for the 2025 fiscal year, including numerous tax provisions affecting both businesses and...
Transferable Energy Tax Credits Would Require Registration, Valid Election Under IRS Proposed Rules The IRS on June 14 issued proposed regulations that would set out procedures and rules for...
Asset Managers Face New Potential Withholding Obligation on Sales of Interest in Their Funds There is a new “secondary withholding obligation,” effective January 1, 2023, that may apply to a...
Trends Driving Tax-Related Financial Restatements Financial restatements are on the rise, and many involve tax. Material weaknesses or inaccuracies related to income tax accounting and the...
Potential U.S. Central Bank Digital Currency System - What Plan Sponsors Should Know The United States is exploring the idea of a digital dollar, which is a digital asset backed by a country’s...
Treasury Issues Proposed Regulations Under Section 367(b) The Treasury Department and the IRS on October 5 issued proposed regulations providing guidance under Internal Revenue Code Section 367(b)...