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The American labor market, business and the post-pandemic economy
Widespread labor shortages are hampering companies’ ability to capitalize on an expanding economy as the country recovers from a pandemic.
Leveraging a Spousal Lifetime Access Trust
The lifetime gift tax exemption is at an all-time high of $11.7 million per individual and $23.4 million per couple but may be reduced in the near future by potential legislation. This video provides an overview of the Spousal Lifetime Access Trust and how it can help couples maximize their lifetime gift tax exemption.
GASB renames the comprehensive annual financial report
The GASB has changed the term “comprehensive annual financial report” to “annual comprehensive financial report.”
Board risk assessment: Where’s the focus?
Risk. Such a broad topic, but boards are ultimately responsible to investors and others for the all-encompassing task of risk oversight.
What’s going on with energy prices?
As economies continue to emerge from COVID-19-induced lockdowns, demand has rebounded more than expected, helping fuel the recent rally.
SBA Enhances the Economic Injury Disaster Loan Program
The SBA has modified and enhanced the Economic Injury Disaster Loan (EIDL) program to expand both eligibility and program benefits. In this video, we'll quickly cover the changes and how they might help you and your business.
Homebuilders, facing material shortage, can’t meet soaring demands
Even as the housing market leads the U.S. economic recovery, homebuilders are facing new pressures as they try to meet surging demand.
Green energy credits and excise tax proposals in Build Back Better Act
House Ways & Means reconciliation bill contains significant changes to renewable energy credits as well as new excise taxes.
SAS 136: Changes for employee benefit plans and their auditors
SAS 136 will affect audits of employee benefit plans subject to ERISA effective for periods ending on or after December 15, 2021.
OCC’s “Bank Accounting Advisory Series” – 2021 edition
The OCC recently issued its views on a variety of accounting topics relevant to the financial institutions industry.
Succession planning using employee stock ownership plans
ESOPs are a unique tool that can be valuable to selling shareholders, corporations and employees in a corporate succession plan.
Succession planning using retirement plans
Business owners who work for the company may facilitate an ownership transition by separating service payments from company value.
Owner Readiness for Business Succession
Owner readiness is crucial to successful business succession, but many struggle with this first step. Read more on planning goals.
House Ways and Means Committee Proposed Tax Changes
The House of Representatives Ways and Means Committee recently released draft legislation that would increase taxes to help pay for the proposed $3.5 trillion spending package. In this video, we briefly cover some of the more important proposed tax changes.
3 tests, few answers: The not-so-simple world of worker classification
Growing businesses need to add workers. As the popularity of independent contractors grows, so does scrutiny over employee classification.