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Tax Reform Creates Historic Wealth Planning Opportunity

Most families are conflicted when faced with wealth transfer considerations. Will they be financially secure in the future? Will their heirs face significant estate taxes? The spousal limited access trust can achieve financial flexibility, optimal estate tax results and heightened asset protection.
Posted: July 18th, 2019 | Permalink

Lessons Learned from Implementing ASU 2016-14 – Functional Expenses

Keep it simple. Guidelines on reporting functional expenses.
Posted: June 27th, 2019 | Permalink

GASB Simplifies Accounting for Capitalized Interest

Get the latest from the Governmental Accounting Standards Board on capitalized interest calculations.
Posted: June 13th, 2019 | Permalink

IRS AND Treasury Release Second Set of Opportunity Zone Guidance

Get a summary of the special rules for capital gains invested in opportunity zones.
Posted: June 11th, 2019 | Permalink

How Employers Can Calculate Nondeductible Employee Parking Expenses, And Possibly Reduce Them By March 2019

Employers who own or lease parking facilities that have “reserved” parking spaces for employees have until March 31, 2019, to reduce the reserved employee spaces to qualify for the “general public” parking exception to the nondeductible employee parking rules. If that change is timely made, the IRS will treat the change as being in effect since January 1, 2018.
Posted: May 1st, 2019 | Permalink