IRS Ramps Up Cryptocurrency Enforcement
On July 26, 2019, the Internal Revenue Service (IRS) issued a press release notifying the public…
When Your Estate Includes an IRA
Several times each year, an executor will ask us, “What do I do with the IRA…
Is Your Firm’s Cybersecurity Certifiable? If Not, Don’t Count on Winning DoD Contracts!
The current Department of Defense (DoD) cybersecurity rule, reflected in DFARS 252.204-7012, requires compliance with the…
Should I Gift My House to My Children?
Parents often desire to pass their primary residence or vacation property to their children for various…
What Happens When a QPRT Ends?
Homeowners who want to minimize their future estate taxes and transfer their home to their children…
Timeline for Campus Candidates in Public Accounting
When should you start applying for internships and full-time positions? The answer depends on your industry…
IRS Large Business & International Division Continues to Push Targeted Audit Campaigns, Announcing 6 More Areas of Compliance Focus
The Internal Revenue Service’s (IRS) Large Business & International Division (LB&I) recently announced six additional compliance…
Safe Harbor Internal Controls for PACs
The Federal Election Commission (FEC) has published best practices and internal controls in its campaign guide…
IRS Revives Form to Report Nonemployee Compensation
Employers who pay subcontractors nonemployee compensation should be aware of a change coming after 2019. The…
FASB Votes to Delay New Lease Standard Effective Date
On July 17, 2019 the Financial Accounting Standards Board (FASB) voted unanimously to draft an Accounting…