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...California Franchise Tax Board Strikes Again
One of the few benefits that entrepreneurs and investors were able to take advantage of in ...
Read this insight Danna McGrew Named one of the Top Women in Business
Congratulations to BPW Partner Danna McGrew, who was named one of the Top 50 Women in ...
Read this insight Reduced Restrictions on In-Plan Roth Rollovers
Among the changes and extensions in the recently enacted American Taxpayer Relief Act of 2012 ("Act"), ...
Read this insight New Option for Home Office Deductions
In an effort to make things easier for owners of home-based businesses and for some home-based ...
Read this insight 2013 Community Appointments
Santa Barbara, CA – Bartlett, Pringle & Wolf's team members announce their 2013 community appointments on various nonprofit boards. As ...
Read this insight The American Taxpayer Relief Act and How It Affects You
On January 1, 2013, by a vote of 89-8, the Senate passed H.R. 8, the American ...
Read this insight IRS Questioning Under-Reporting on Business Returns and 1099-K Matching
The Internal Revenue Service is now using information statements to look for under-reporting on business returns. ...
Read this insight Proposition 30 Imposes Additional Taxes Retroactively & Increases Sales Tax
On the November 2012 Ballot, 55.3% of Californians voted YES on California Proposition 30. It is ...
Read this insight BPW Named Among 2012 Best Accounting Firms to Work For
Santa Barbara, CA – We are very excited to announce that for the second time Bartlett, ...
Read this insight 2012 Year-End Tax Planning for Individuals and Businesses
As 2012 is coming to a close, now is an ideal time to start preparing for ...
Read this insight Jacob Sheffield Receives 40 Under 40 Award
Santa Barbara, CA – Congratulations to Jacob Sheffield who was recently named one of the 40 ...
Read this insight Three Strategies That Add Flexibility to Your Estate Plan
In recent years, estate planning has been complicated by uncertainty over the future of the federal ...
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