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...Record Retention Guidelines and Policy Development
Although the topic of recordkeeping, including retention and destruction of records, may appear to be straightforward, ...
Read this insight IRS Debuts Final Repair Regs
To expense or capitalize? That is the question companies face when they acquire, produce or improve ...
Read this insight Ellyn Cole Named One of the 40 Under 40
Congratulations to Ellyn Cole, who was recently named one of the 40 Under 40 by the Pacific ...
Read this insight IRS Changes How Tips & Service Charges are Handled
As you may recall from a previous article, the new IRS rule on classifying tips and ...
Read this insight John Britton Honored by Rotary Club of Santa Barbara North
Santa Barbara, CA – BPW Partner, John Britton, was recently honored with the Vocational Service Award ...
Read this insight 2013 Year-End Tax Planning for Businesses
I hope that you had the opportunity to read Elizabeth's blog article, where she discussed tax ...
Read this insight 2013 Year-End Tax Planning for Individuals
As we near the end of 2013, now is an excellent time of year to review ...
Read this insight Points to Remember When Planning Your Estate
It is on your list of things to do, but something always comes up. Estate planning ...
Read this insight Proposed Changes to U.S. GAAP Could Reduce Burden on Private Companies
The Private Company Council (PCC) was established last year by the Financial Accounting Foundation (FAF) to ...
Read this insight BPW Donates to Develop Africa
BPW turned a printer mistake to good use by donating over 1,500 gold pens to school ...
Read this insight The Role of a Forensic Accountant in Today’s Business Climate
With the ever-changing business climate, we are seeing an evolving role for the forensic accountant. Going ...
Read this insight California Franchise Tax Board Strikes Again
One of the few benefits that entrepreneurs and investors were able to take advantage of in ...
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