Services: Audit & Assurance
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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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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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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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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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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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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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IRS Issues New Guidance on Electric Vehicle Tax Credits
IRS Issues New Guidance on Electric Vehicle Tax Credits The Internal Revenue Service (IRS) recently issued final regulations (T.D. 9995) concerning clean vehicle credits.…
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Pass-Through Entity Taxes & Reporting Under GAAP
Pass-Through Entity Taxes & Reporting Under GAAP 5/21/24 Introduction In connection with changes to the Internal Revenue Code as a result of the Tax…
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The Future of Client Accounting Services: Trends and Innovations
The Future of Client Accounting Services: Trends and Innovations In today’s evolving business landscape, the role of Client Accounting Services (CAS) is undergoing a…
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The Advantages of a HUD-insured Mortgage for your Leased Nursing Home
A common challenge leased nursing homes encounter is five-year commercial mortgage balloons. This results in significant expenses every five years to extend or replace…