Thinking

Article written by: Zach Berardi, CPA Assurance Senior When preparing to be audited, there are multiple workpapers, reports, documents and reconciliations to be organized. Whether arranging for your first audit, or gearing up for next year’s audit, there are a few things to be addressed that can improve the process. The following recommendations are an…

On June 21, 2018, the United States Supreme Court ruled in South Dakota v. Wayfair that a taxpayer does not need to establish physical presence in a state in order for the state to subject the taxpayer to its sales tax laws. The decision reversed the Court’s 26-year-old precedent from the 1992 case Quill Corp.…

Article written by: Doug Davidson, Director of Information Technology and Steve Boston, Senior Manager, Assurance and Information Technology Services   The Securities and Exchange Commission (SEC) recently published new interpretative guidance to assist public companies in preparing disclosures about cybersecurity risks and incidents. While the new guidance does not change any of the SEC’s rules,…

Article written by: Darci Congrove, CPA Managing Director   New Tax Incentive For Investment In Low-Income Communities   Background Investment in a Qualified Opportunity Zone is a new program intended to connect private investment capital to low-income communities nationwide. This concept was originally presented in a bipartisan bill, the “Investing in Opportunity Act” as an innovative approach to spur long-term…