Summary The FASB issued ASU 2018-19 to defer the implementation date of the new credit loss standard for nonpublic entities by one year, and clarify that operating lease receivables are
Volume 8 Issue 1
Just more than half of working Americans have access to a 401(k) retirement plan, data from the Bureau of Labor Statistics show. That percentage drops to 46 percent for companies with fewer
When Japanese venture fund SoftBank began investing in the coworking space startup WeWork in 2017, many skeptics were perplexed by the company’s sky-high valuation. At $20 billion, the deal made
Summary September 2017, the IRS released a Directive (LB&I-04-0917-005) providing Large Business & International (LB&I) Division taxpayers the option of applying a “safe harbor” to determine certain expenses that are
Now that 2019 has begun, there isn’t too much you can do to reduce your 2018 income tax liability. But it’s smart to begin preparing for filing your 2018 return.