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Pease Bell Posts

How To Review A SOC 2 Report



In a previous article we stressed the importance of proper Vendor Risk Management. But how do you actually review

Employee Retention Credit Voluntary Disclosure Program


On December 21, 2023, the IRS announced a new program for taxpayers who want to pay back money they received

Ohio Pass-Through Entity Tax



Starting in 2022, many states came out with a Pass-Through Entity Tax. A pass-through entity tax is an entity-level

The State House Always Wins: Sports Gambling Treatment in Ohio


With the first year of legalized sports gambling in Ohio in the books, many Ohioans may face higher-than-expected tax bills

Business Combinations: The Acquisition Method Under U.S. GAAP



Businesses enter into acquisitions for a multitude of reasons. For example, a company may be looking to grow, expand

After the Hollywood Strike: Production Accounting Impact


2023 saw the longest strike for SAG-AFTRA (Screen Actors Guild - American Federation of Television and Radio Artists), beginning July

2024 Ohio Commercial Activity Tax (CAT) Changes


Ohio's Commercial Activity Tax (CAT) changed significantly effective January 1, 2024, and

Corporate Transparency Act


One of the biggest legislative changes affecting small business in 2024 and future years is the Corporate Transparency Act (CTA).

Form 5500 Schedule H: Fewer Plans will Require Audits Starting in 2023


While it is not common for regulatory compliance requirements to lessen over time, in February 2023, the Internal Revenue Service

Unveiling the Dark Side: How Bad Actors Harness the Power of AI


Artificial Intelligence (AI), with its transformative potential, has become a double-edged sword, empowering both positive advancements and, unfortunately, nefarious activities

Stock or Asset Purchase: Which is Right for You?


When determining the type of transaction, factors such as tax implications and potential liabilities are the foremost considerations. An asset

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