Sep 22, 2020 | Center for Public Company Excellence, Public & Investor Backed
Have you recently acquired a business that is a corporation, or are thinking of acquiring one this year? If so, then you should examine how changes in the Tax Cuts and Jobs Act (“TCJA”) and the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act have impacted...
Aug 12, 2020 | Center for Public Company Excellence, Public & Investor Backed
by Zhanna Korneva On July 8, 2020 Public Company Accounting Oversight Board (PCAOB) hosted a webinar for public company audit committee members. The focus of the discussion was the impact of COVID-19 pandemic on financial reporting, audits and audit committee...
Aug 12, 2020 | Center for Public Company Excellence, Entrepreneur & Family Owned Businesses, Public & Investor Backed
In January 2018 public companies, and in January 2019, all companies will have to apply the new definition of a business (Update No. 2017-01; ASC 805). The new guidance includes a two-step process which will simplify the legacy application guidance which deemed to be...
Aug 11, 2020 | Audit, HNWI, Tax
Last month, the commissioner of the Large Business and International division of the Internal Revenue Service (IRS) announced plans to increase audits on high net worth individuals. The examinations are expected to target several hundred individuals with assets or...