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Pease Bell Posts

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

Can I Deduct Tax Loss?


When individual taxpayers have losses from flow through entities, the key question is whether or not the individual will have

The ABCs of CAS


Client Accounting Services (CAS) is one of the fastest-growing outsourced services available to small and growing businesses. CAS allows

Understanding the Lifetime Gift Tax




Gifting allows you to transfer wealth to your loved ones during your lifetime, enabling them to enjoy financial security.

Protecting Your Holiday Cheer: A Guide to Preventing Common Holiday Fraud Schemes




The holiday season is a time for celebration, joy, and generosity. Unfortunately, it's also a peak period for fraudsters

Centers for Medicare and Medicaid Services' (CMS) New Long Term Care Facility Staffing Requirements


On September 1st, 2023, CMS proposed the Minimum Staffing Standards for Long-Term Care (LTC) Facilities and Medicaid Institutional Payment Transp

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