Topics: HUD
-
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 because of their sports…
-
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 14 and ending November…
-
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 by bad actors. As…
-
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 Transparency Reporting rule. This rule…
-
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 provides auditors updated guidelines…
-
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 needed within their accounting…
-
Tax Changes from Ohio’s FY 2022-23 Budget Bill
On June 30, 2021, Governor DeWine signed House Bill 110 into law. This bill covers Ohio’s budget for the next two years and contains…
-
FreshBooks and QuickBooks Online: Software considerations for your small business
If you have a small business and have started looking into online accounting software solutions, you’ve probably come across FreshBooks and QuickBooks Online since…
-
Three Keys to Successfully Onboarding Employees in a Remote Environment
Over the past year, it has become apparent that a more remote work environment will be the norm going forward. Whether you are a…
-
Treasury Carves out Special Rule for Nursing Homes for Interest Deduction
Good News! On July 27, Treasury issued final regulations on the interest deduction limitation. Nursing homes and other residential care facilities were specifically granted…