February 2019

Auditing cashless transactions

Like most businesses, you’ve probably experienced a significant increase in the number of customers who prefer to make cashless payments….

Public companies to disclose stock hedging policies and practices

Does your company have policies in place regarding the use of hedging transactions by company insiders? Final Securities and Exchange…

3 big TCJA changes affecting 2018 individual tax returns and beyond

When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you —…

IRS Issues Final QBI Deduction Regulations

The IRS has issued final regulations on determining allowable deductions based on qualified business income (QBI) from pass-through entities. This…

Why you shouldn’t wait to file your 2018 income tax return

The IRS opened the 2018 income tax return filing season on January 28. Even if you typically don’t file until…

IRS Offers QBI Deduction Safe-Harbor Rule for Rental Real Estate

The IRS recently issued guidance on the new deduction for up to 20% of qualified business income (QBI) from pass-through…

Private companies: Have you implemented the new revenue recognition standard?

Private companies that follow U.S. Generally Accepted Accounting Principles (GAAP) must comply with the landmark new revenue recognition standard in…