Insights
Insight and analysis from the Pease Bell team — on tax, audit, accounting, and the industries we serve.
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Real Estate Partnership Tax: Allocations and 704(b) Basics
A real estate partnership can allocate income, loss, and deductions however the partners agree, but the IRS only respects those allocations if they have
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Reading a WIP Schedule: Over and Under Billings Explained
A WIP schedule shows each contract’s price, costs to date, estimated cost to complete, percentage complete, earned revenue, and billings.
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R&D Credit Manufacturing: Section 41 and 174 After the 2025 Law
Manufacturers can claim the federal research credit under IRC Section 41 for qualifying activities such as developing new products, improving production
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Florida Finalizes October 2026 Medicaid Nursing Home Rates
Florida finalized its October 2026 Medicaid nursing home rates at an average $302.92 per resident day, down 1.4% from 2025. See the regional and…
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How to Choose a Construction CPA Who Understands Bonding
Choose a construction CPA who prepares WIP schedules as a routine part of your financial statements, applies percentage-of-completion revenue recognition
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Functional Expense Allocation: Program vs Overhead Done Right
Functional expense allocation assigns each cost to program services, management and general, or fundraising based on the purpose it serves.
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Military Tax Deductions for National Guard and Reserve Members
National Guard and Reserve members can cut their tax bill with the 100-mile travel deduction, combat zone exclusion, and reservist retirement rules. Here is…
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Mortgage Agency Approval: What New Originators Need
Mortgage agency approval is the process of getting authorized to originate, underwrite, or service loans backed by federal programs and the secondary market,
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Craft Brewery Accounting: Excise Tax, COGS, and Margins
Sound brewery accounting tracks three things precisely.