Business Tax, Audit & Advisory Solutions Blog

FASB Offers a Practical Expedient for Private Companies that Issue Share-Based Awards

On October 25, the Financial Accounting Standards Board (FASB) issued a simpler accounting option that will enable private companies to...

Choosing Your Audit Firms Series: Audit Quality as a Barometer

Let’s face it: no company wants to pay hundreds of thousands – or even millions of dollars to be audited....

Get Your Piece of the Depreciation Pie Now with a Cost Segregation Study

If your business is depreciating over a 30-year period the entire cost of constructing the building that houses your operation,...

Hit or Miss: Is Your Working Capital On-Target?

Working capital equals the difference between current assets and current liabilities. Organizations need a certain amount of working capital to...

Private Companies: Are you on track to meet the 2022 deadline for the updated lease standard?

Updated accounting rules for long-term leases took effect in 2019 for public companies. Now, after several deferrals by the Financial...

10 Financial Statement Areas to Watch for COVID-Related Effects

The COVID-19 pandemic is still adversely affecting many businesses and not-for-profit organizations, but the effects vary, depending on the nature...

Internships: Setting Up Your Career for Success

What is it like to be a Haskell & White Intern? Our accounting internship is designed to give students an...

M&A Transactions: Be Careful When Reporting to the IRS

Low interest rates and other factors have caused global merger and acquisition (M&A) activity to reach new highs in 2021,...

Passive Activity Rules for Real Estate and Other Passive Activities

Real estate is top of mind when it comes to businesses that create passive income streams or losses. Ownership in...

New Law Doubles Business Meal Deductions and Makes Favorable PPP Loan Changes

The COVID-19 relief bill, signed into law on December 27, 2020, provides a further response from the federal government to...

Business Tax Provisions Included in the CAA 2021 Legislation

The Consolidated Appropriations Act of 2021 (the CAA 2021) signed into law on December 27, 2020, is a further legislative...

Individuals and the 2020 COVID Relief Bill

Here is an overview of key provisions in the COVID relief legislation (the Consolidated Appropriations Act of 2021, or “the...

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