Build Back Better Act – Tax Provisions Impacting Individuals

The Build Back Better legislation is progressing towards a vote in the House in the near
November 19, 2021

Build Back Better Act International Tax Provisions

New U.S. federal tax legislation in the Build Back Better Act (BBBA) would implement additional changes
November 18, 2021

FASB Issues Update on Lessee Risk-Free Rate Application

The Financial Accounting Standards Board issued Accounting Standards Update (ASU) 2021-09 which allows nonpublic companies and
November 16, 2021

CMMC 2.0 – What Changed & What Should Government Contractors Do Next?

On November 4, 2021, the DOD launched CMMC 2.0 which significantly streamlined requirements for the Defense
November 12, 2021

How to Account for Lease Incentives under ASC 842

Lessors often provide benefits to their lessees in the form of making payments to, or on
November 11, 2021

Employee Retention Tax Credit Canceled for 4th Quarter 2021

On November 5, 2021, Congress passed the Infrastructure Bill that, once signed by President Joe Biden
November 10, 2021

Dollar Limits on Compensation and Benefits Announced

The Internal Revenue Service has announced the 2022 cost-of-living adjustments for various limits affecting employee benefit
November 5, 2021

Substantial Employee Retention Tax Credit Opportunities Remain At Large

Since the employee retention tax credit (ERTC) was first introduced by the CARES Act in March
November 4, 2021

CMMC Overview: What Government Contractors Need to Know to Prepare Webinar: Q&A

Do you know what it takes to become CMMC certified? On October 28, 2021, the Director
November 2, 2021

IRS Issues Guidance on LLC Tax Exemption

The IRS released guidance on how a Limited Liability Company (LLC) can obtain tax exempt status.
October 29, 2021