Ellin & Tucker Offices
Changes to Revenue Recognition for Corporations

Featuring: David Schriver and Zach Bromwell

Thanks to technology, we live in a world where even small businesses can operate in an increasingly global economy. Because of this, the accounting world has been working for years to create a succinct international standard for how to recognize... Continue Reading
Preparing for the Workforce of Tomorrow

By: Michael Strauss

As we experience technological advances today at a pace that far exceeds anything we have seen in modern history, many ponder the question of how technology will change their business. Business owners may ask themselves: What technology should I invest... Continue Reading
Talking the Talk: How to Properly Communicate with Surety Firms

By: Todd Feuerman

This article was originally published online by Construction Executive. For many contractors — whether they perform on construction projects for private companies or local, state or federal agencies — bonding lines can be their lifeblood. A contractor’s ability to develop... Continue Reading
The New Lease Accounting Standard and Re-visiting the Lease vs. Buy Decision

By: Bryan Porter

In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2016-02: the new lease accounting standard. By now, many private companies have considered the impact the new standard will have on financial reporting beginning in calendar... Continue Reading
More Jobs for Marylanders Means More Tax Benefits

By: Michael Cirangle

During 2017, Maryland passed the “More Jobs for Marylanders Act” of 2017, which specifically seeks to incentivize manufacturers to make capital and workforce investments in Maryland. The Act is part of Governor Hogan’s effort to boost the growth of manufacturing... Continue Reading
Meals and Entertainment: Eat and Be Merry

By: Patrick St. Clair

One of the less celebrated changes brought about by the Tax Cuts and Jobs Act (TCJA) was the removal of the entertainment portion of the meals and entertainment deduction. However, two big questions remained unanswered: how does the IRS define... Continue Reading
Bloomberg Featured Image

From: Bryan Porter

Business executives are turning to their CFO and accounting department for guidance on implementation details for the new leasing standard (effective calendar year 2020 for privately held companies). Invariably, the idea of revisiting the business strategy on deciding between leasing... Continue Reading
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