New guidance on lease recognition has been released by the Financial Accounting Standards Board in ASU 2016-02. The guidance will affect privately-held companies with fiscal years beginning after December 15, 2019. Construction contractors will be impacted, specifically those with a… Read More
New revenue recognition standard are effective for nonpublic entities for annual periods beginning after December 15, 2018. Now is the time to assess how these new standard may affect the way your company recognizes revenue and change your company’s internal… Read More
Anders Hosts Tax Reform Seminars for Year-End Planning
Join us for a conversation centered around strategies and tools to adjust to the changes of tax reform going into the new year. Tax partner Robert L. Berger, CPA/CGMA and tax principal … Read More
With the passage of the Tax Cuts and Jobs Act, there are now more tax benefits and simplification for lessees and building owners through changes to Qualified Improvement Property, bonus depreciation and Section 179 expensing.
Prior to the… Read More
Qualified Opportunity Zones Provide an Alternative to the Like-Kind Exchange
One of the more intriguing aspects of the Tax Cuts and Jobs Act of 2017 (TCJA) is the new legislation related to investments within Qualified Opportunity Zones (QOZs). The goal… Read More