News & Insights
GASB 96 – Subscription-Based IT Arrangements
March 17th, 2023
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Accounting & Outsourced Solutions
The Governmental Accounting Standards Board (GASB) Statement No. 96, subscription-based IT arrangements (SBITAs) is effective for the District’s 2023 year-end. This Statement’s objective is to require recognition of certain lease […]
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President Biden’s Proposed Budget Includes Notable Tax Provisions
March 16th, 2023
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Accounting & Outsourced Solutions |
Tax
President Biden has released his proposed budget for the federal government for the 2024 fiscal year. The budget, which aims to cut the deficit by nearly $3 trillion over 10 years, includes numerous […]
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U.S. Supreme Court Rules Against the IRS on Critical FBAR Issue
March 14th, 2023
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Accounting & Outsourced Solutions |
Tax
The U.S. Supreme Court recently weighed in on an issue regarding a provision of the Bank Secrecy Act (BSA) that has split two federal courts of appeal. Its 5-4 ruling […]
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HUD Issues Unique Entity Identifier Notice – RD Programs Will Also Need
February 3rd, 2023
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Accounting & Outsourced Solutions |
Tax
On January 26, 2023, the U.S. Department of Housing and Urban Development (HUD) issued Notice H 2023–01, Unique Entity Identifier Replaces Dun & Bradstreet Data Universal Numbering System for Identification […]
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5 Benefits of Outsourcing Your Accounting Needs
January 20th, 2023
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Accounting & Outsourced Solutions |
Outsourced Accounting Solutions
CPA firms do more than audits and tax returns. They can also help you with everyday accounting-related tasks, such as bookkeeping, budgeting, payroll and sales tax filings. Should your organization […]