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Financial Accounting Standards Board (FASB) and Goodwill Impairment for Public Companies and Not-for-Profit Organizations

Recently, the Financial Accounting Standards Board (“FASB”) discussed whether and how to change the subsequent (post-transaction) accounting

Employer's Guide to the ACA Reporting Requirements: Affordable Care Act Whitepaper Now Available

Schneider Downs has released a detailed whitepaper, Employer’s Guide to the New ACA Reporting Standards. This whitepaper was developed to provide

Danger! Additional Monitoring Ahead: The New Uniform Grant Guidance Category for Not-for-Profits

As not-for-profits wind down the current year and solidify planning for the upcoming year, there is a new category to add to your checklist, subrecipient

FAST Act - Highway Funding is in Place for the Next Five Years

On December 4, 2015 President Obama signed the “Fixing America’s Surface Transportation Act” which was recently passed by the Senate
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Understanding Procurement Cards Benefits and Pitfalls

As organizations look to gain a better handle on their procurement process, provide an additional level of control and help to either control or reduce
Tax
Gary Sliman | 11.30.2015

IRS Increases De Minimis Safe Harbor Threshold

The IRS issued Notice 2015-82 on November 24, 2015, stating that taxpayers without an applicable financial statement can elect to deduct purchases of tangible

Advertising Check - Reaching Millennials

Auto dealerships budget and spend, on average, close to 1% of sales on advertising and other marketing efforts. It may not seem like a large expense, but

Postcard from The Motor City

On November 12, I attended a reception in Detroit sponsored by the German American Chamber of Commerce of Midwest Michigan. The Key Note speaker was Mchigan
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Construction
Todd Lucas | 11.20.2015

Measuring the Impact of the Panama Canal Expansion

Originally built over 100 years ago, the Panama Canal’s $5.25 billion expansion is nearing its completion. The long-anticipated expansion project
Tax
Tom Schneider | 11.19.2015

Cheers! The BEER & BREW Acts of 2015 May Lower Excise Taxes on Beer

Two pieces of legislation are currently circulating in Congress regarding the Excise Tax on beer produced in the United States: The Fair Brewers Excise
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