Our Thoughts On Archive

Tax Reform Update Series - Professional Service Companies Implications

On November 2, the U.S. House of Representatives released the draft Tax Cuts and Jobs Act (H.R. 1) (Act) which includes many provisions that could have

Pitfalls in Gathering Comparable Compensation Data - Part 7 in a Series

As discussed in the previous post, comparable compensation data can be obtained from Forms 990 of the identified peer group, as well as from available

How to Determine an Accounting Standards Effective Date for Not-for-Profit Entities

Since the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2013-12, Definition of a Public Business Entity (ASU) 2013-12,

The Estate Tax, or Lack Thereof, Under the Tax Cuts and Jobs Act of 2017

On November 2, 2017, the House Committee on Ways and Means released a tax reform plan known as the Tax Cuts and Jobs Act (the “Act”). As expected,

Proposed Regulations Affecting Valuation Discounts - New Update Provides Sigh of Relief

In August of 2016, the Internal Revenue Service (the “IRS”) proposed regulations that, if made final, would have extensive consequences on

The Tax Reform Games Begin

Yesterday, after much speculation and fanfare, the House Committee on Ways and Means released a tax reform bill – the Tax Cuts and Jobs Act –