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Pease Bell Posts

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

Year End is Quickly Approaching... Are you Prepared?


Fall is here. The trees are changing colors. Now is the perfect time to start working on your

What the New Auditing Rules on Accounting Estimates Mean For You


Statement on Auditing Standards No. 143: Auditing Accounting Estimates and Related Disclosures is effective for 2023 year-end audits. The standard

Update on the M&A Industry


In 2021 and 2022 the mergers - and - acquisitions market experienced tremendous activity with sellers experiencing record high multiples

Potential AI Risks the Professional Service Industry Will Have to Reckon With?


The term "artificial intelligence" has been around for over 50 years; however, it has gained more popularity now than ever

Nonprofit Organization Tax Filings: Building the Accounting System to Capture the Right Information


It is not uncommon to see Section 501(c)(3) nonprofit organizations, especially smaller 501(c)(3) nonprofits, not have in place the elements

Environmental, Social and Governance (ESG) Advisory


In his annual "Letter to CEOs", Larry Fink, Chairman and CEO of BlackRock, declared that consideration of climate risk is

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