Recommended by: Kim Fusco

On August 18, 2016, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) that changes financial reporting for not-for-profit organizations. The ASU is intended to simplify and improve net asset classifications and disclosures about liquidity, financial performance,... Continue Reading

By: Bryan Porter

Financial reporting for privately held construction firms has become increasingly difficult and time-consuming for executive management teams. The Private Company Council (PCC) is an advisory body to the Financial Accounting Standards Board (FASB), which is responsible for setting generally accepted... Continue Reading

Recommended by: Dan Thrailkill & Frank Brodnax

Is there such a thing as a marriage penalty?  Well…we will leave that up to you, but for tax purposes a “marriage penalty” certainly exists.  The following article discusses the “marriage penalty” from a tax perspective, and an interesting case... Continue Reading

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