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New Revenue Recognition Rules Slowly Merging with the Transportation Industry
On May 28, 2014, the Financial Accounting Standards Board and the International Accounting Standards Board issued guidance merging U.S. Generally Accepted ... read more >
OUR THOUGHTS ON:
Who Has an HSA?
With the recent turmoil in Congress over health care mandates, one thing has become crystal clear: Health Savings Account (HSA) may be your best option. ... read more >
The Continuing Growth of E-commerce
In total, consumer spending accounts for nearly 70% of U.S. GDP and has been growing this year by 0.2% during May and June and 0.3% in July according to ... read more >
The Effect of Technology on Higher Education Enrollment
In a competitive marketplace, businesses are always competing for ways to attract more customers. At higher education institutions, the competition is ... read more >
College Tuition Costs...Declining?
It’s no surprise the massive amount of debt that college students have amassed over the last three decades can be attributed in part due to rising ... read more >
IRS May Audit Deceased Spouse's Estate Tax Return if Portability Elected
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 introduced a new concept known as “portability” to the ... read more >
Thinking of increasing your fleet for 2018?
If you are making new trucks and trailers purchases, consider Financial Accounting Standards Board’s (FASB) Accounting Standards Update (ASU) No. ... read more >
The Border Adjustment Tax is Out of the Tax Reform Plan
A hot topic at the National Auto Dealers Association Convention back in January was the Border Adjustment Tax (“BAT”). Auto dealers can be ... read more >
Equihacked? The Equifax Breach, Questions and Answers.
As many of you may have already read in the headlines, a massive information breach occurred recently at credit reporting bureau Equifax. According to ... read more >
SAB 116: What You Need to Know
The Securities and Exchange Commission (SEC) recently released Staff Accounting Bulletin (SAB) 116, which became effective last week. The primary purpose ... read more >
