News & Insights

2024 School Update: Section 27K Taxability

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The Michigan Department of Education announced the opening of the Section 27K Student Loan Repayment Program.  According to the guidelines, educators who are currently enrolled in and making payments toward […]

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2024 School Update: GASB 101

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GASB Statement No. 101, Compensated Absences requires that liabilities for compensated absences be recognized for (1) leave that has not been used and (2) leave that has been used but […]

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Why It’s Important to Get Your Company’s Financials Done on Time

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Have you completed your company’s year-end financial statements yet? Most calendar-year entities issue their year-end financials by March of the following year. Lenders and investors may think the worst if […]

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Auditing Revenue Recognition

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The top line of an income statement for a for-profit business is revenue (or sales). Reporting this line item correctly is critical to producing accurate financial statements. Under U.S. Generally […]

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Qualified Contract Applications for LIHTC Properties

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By: Jon Ringlein  Since the landscape surrounding real estate has started to evolve over the years, Low-Income Housing Tax Credits (LIHTC) have become increasingly complex. To assist in managing affordability […]

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