Revenue Recognition for Franchisors
In 2014, the FASB issued new revenue recognition guidance that replaces most pre-existing revenue recognition guidance, including industry-specific guidance, in U.S. GAAP.
Read this Insight...Fed Raises Its Policy Rate by 75 Basis Points as It Prepares to Slow Pace of Hikes
The Federal Reserve increased its policy rate by 75 basis points on Wednesday to a range between 3.75% and 4% as it hinted at slowing the pace of its hikes.
Read this Insight...What Is an S-Corp Election?
Business owners often struggle with determining the optimal legal structure and tax treatment for their business. This video will explain an S-Corp tax election and how it may benefit you and your business.
Read this Insight...IRS Grants Failure to File Penalty Relief for 2019 and 2020 Returns
Executive Summary The IRS released Notice 2022-36 providing relief for certain taxpayers from certain failure to…
Read this Insight...The Price of War: Risks Around the Inflation Outlook
While we expect the annual inflation rate to peak this quarter as comparisons to the lower…
Read this Insight...2015 Tax Extenders Passed
On December 18, the Senate passed — and the President signed into law — the Protecting ...
Read this insight IRS Increases Tangible Property Expensing Threshold for Small Businesses
Good news for small businesses: On November 24, 2015, the IRS announced an increase in the ...
Read this insight Tax Benefits of Vacation Rentals
In light of recent news on the regulation of vacation rentals, it is important to know ...
Read this insight Danna McGrew and Jacob Sheffield Named Who’s Who in Professional Services
The Pacific Coast Business Times just named BPW Partner, Danna McGrew, and Senior Manager, Jacob Sheffield, ...
Read this insight How doc-link Document Management Saves You Time and Money in the Audit Process
October is here and that means lots of trick and/or treats, year-end audits, bowls full of ...
Read this insight Homeowner Tax Deductions – A Housewarming Gift from Your Accountant
Purchasing a new home can be an exciting time, especially if it is your first. It ...
Read this insight 2015 Year-End Tax Planning for Businesses
With the end of 2015 in sight, businesses have already started to gear up for next ...
Read this insight 2015 Year-End Tax Planning for Individuals
The first day of Fall is our signal to begin year-end tax planning. While the 2015 ...
Read this insight Team Member Spotlight
Congratulations to our team members on their recent promotions! 2015 proved to be a successful year ...
Read this insight Make Green ($) by Going Green with doc-link, Document Imaging Software
Have you noticed how the Accounts Payable world is starting to move from the hard copy ...
Read this insight Stacey Gumley Named One of the 40 Under 40
Congratulations to BPW Audit Manager, Stacey Gumley, who was recently named one of the 2015 40 ...
Read this insight Rules on Deducting Business Start-Up Expenses
A recent U.S. Tax Court decision drives home the important point that current deductions aren't allowed ...
Read this insight