Impairment Testing for Intangible Assets with Indefinite Lives

Accounting Standards Codification (“ASC”) 350 Intangibles – Goodwill and Other states that “an intangible asset with a finite useful ... read more >

How "Taxing" is the Suspension of Miscellaneous Itemized Deductions for Trusts and Estates

In Notice 2018-61 issued July 13, 2018 by the Internal Revenue Service ("IRS"), the IRS has provided insight to the recently enacted Internal ... read more >

Traditional Retailers on the Mend?

Retail

By Zachary Rose

Scott Galloway, a professor of marketing at New York University’s Stern School of Business once said about Amazon that the company does not want ... read more >

SEC Expands the Scope of Smaller Public Companies That Qualify for Scaled Disclosures

On June 28, 2018, the Securities and Exchange Commission (SEC) adopted an amendment that expands the scope of the definition of Smaller Reporting Companies ... read more >

What Are Complementary Subservice Organization Controls And How Do They Impact SOC Reports?

Service organizations typically outsource functions such as data center hosting or transaction processing, to outside vendors, referred to as subservice ... read more >

Ohio Bright-Line Residency Test

Ohio House Bill (“HB”) 292 creates an updated bright-line residency test which may be used by individuals to create a presumption that the ... read more >

Are You Green?

Construction|Tax

By Xiaoyan Li

A multipurpose indoor arena that serves as an entertainment venue that hosts concerts, family events, and most importantly, the home of the Pittsburgh ... read more >

New Jersey Enacts Numerous Corporate and Individual Income Tax Changes

New Jersey Governor Phil Murphy recently signed legislation that enacted numerous, and significant, income tax changes for both corporate and individual ... read more >