A-Z Blog
The latest insights, events, and resources as well as emerging accounting, audit, tax, and business trends.
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IRS suspends processing of ERTC claims
With fraudulent Employee Retention Tax Credit claims on the rise, the IRS has suspended claim processing through year end.
IRS issues guidance on new retirement catch-up contributions
The SECURE 2.0 Act’s new retirement catch-up contribution rules caused problems and confusion for employers and employees alike. The IRS has now provided guidance.
Navigating the percentage-of-completion method
The accounting rules for reporting income from long-term contracts for book and tax purposes can be confusing. Here’s a brief overview of the accounting rules.
Financial statements at a glance
Can you name the three reports that make up a comprehensive set of financial statements under U.S. GAAP? To get a holistic assessment of your organization’s performance, it’s important to look beyond profits.
New report identifies high-risk areas in financial reporting
Which areas of your organization’s financial statements pose the greatest risk of material misstatement? Here’s a recent report that may help identify high-risk accounts and transactions.
Protect your construction business with careful project documentation
One of the biggest imperatives of running a construction business is carefully and thoroughly documenting all aspects of your work. Here are some best practices to consider.
Overhead allocations: Rising costs require a fresh, disciplined mindset
Here’s how to get control of your overhead allocations and make better-informed pricing decisions in today’s volatile marketplace.
The IRS warns businesses about ERTC scams
Beware of fraudsters hyping the Employee Retention Tax Credit! Not all businesses are eligible despite the claims you may be hearing on TV or in mail, phone and email solicitations.
What construction businesses with inventory should know about Section 263A
Construction business owners: Does your company carry inventory? If so, you may be required to comply with Section 263A of the Internal Revenue Code. Here’s an overview.
BeachFleischman acquires majority stake in Mexican nearshore outsourcing firm, Kuadra Support
BeachFleischman acquires majority stake in Kuadra Support, a Mexican nearshore outsourcing firm.
Reporting UTPs on your financial statements
Should your company report tax positions taken (or to be taken) on tax returns before they’re resolved with the tax authorities? Here’s an overview of the accounting rules for uncertain tax positions under U.S. GAAP.
Supplement your financial statements with timely flash reports
Here’s how daily or weekly flash reports can help your organization become more responsive to changing market conditions.