Insights
Insight and analysis from the Pease Bell team — on tax, audit, accounting, and the industries we serve.
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The IRS Resumes Processing Employee Retention Credits
The IRS has ended its moratorium on processing ERC claims. The IRS announced on August 8, 2024, that it will begin processing claims…
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Now That I Have a HUD Section 232 Mortgage, What’s Next?
Now That I Have a HUD Section 232 Mortgage, What’s Next? As was discussed in an April 2024 article, HUD Section 232 for Leased…
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Cannabis Reclassification
In October 2022, President Biden instructed the Department of Health and Human Services (HHS) and the Attorney General to initiate a review of how…
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Aligning Client Accounting Services with Business Strategy
Aligning Client Accounting Services with Business Strategy In the of modern business operations, the role of Client Accounting Services (CAS) has evolved beyond traditional…
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3 Takeaways from the CrowdStrike Outage
The global IT outage from late July, which grounded planes, shut down TV stations, disrupted payments, and cancelled surgeries, was blamed on a faulty update…
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Navigating Uncertainty and The Vital Role of Risk Advisory Services
I’m a cybersecurity auditor. Often, when I tell people what I do, I get puzzled reactions. It’s essential to explain my work in a…
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Data Analytics in Financial Accounting
In today’s digital age, data is often hailed as a crucial resource driving business growth and innovation. Financial accounting, traditionally viewed as a domain…
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Business Succession Shake Up: Connelly v. United States
Recently the Supreme Court unanimously held that the proceeds from life insurance policies taken out by shareholder’s stock are a corporate asset for federal…
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Alternative Fuel Vehicle Refueling Tax Credit
If you purchase an electric vehicle (EV) charging equipment for your home, you may be eligible for a tax credit. This is a nonrefundable…