advisory-assurance

ALERTS & ARTICLES/

Audit & Accounting

Feb

24

2023

2023 Federal Tax Calendar

To help you make sure you don’t miss any important 2023 deadlines, we’ve provided this summary of when various tax-related forms, payments and other actions are due. Please review the calendar and let us know if you have any questions about the deadlines or would like assistance in meeting them. IRS extended return filing and […]


Feb

24

2023

HLB’s 2023 Global Business Leaders Survey Looks for Silver Linings Amidst a Stormy Global Environment

HLB International, the global advisory and accounting network, recently released its latest annual leaders survey, which included nearly 600 participants from 60 countries. The major theme for 2023 is how to best steer through a “permacrisis” of economic and political uncertainties. Download PDF > A Continued Demand for Innovation The new report, entitled “Leading Through […]


Aug

16

2022

Federal and California Political Donation Limitations and Reporting Requirements

Americans are now making political contributions for the 2022 midterm elections. Many activities that support or oppose candidates for federal, state, and local offices are subject to federal and state campaign finance laws. The laws generally limit the sources and amounts of funds used to finance elections. The following are guidelines to avoid incurring federal […]


Jun

27

2022

IRS Provides Relief for Filing Schedules K-2 and K-3 for 2021 Tax Year

The IRS has eased filing requirements for pass-through entities required to file two new tax forms—Schedules K-2 and K-3—for the 2021 tax year. Certain domestic partnerships and S corporations won’t be required to file the schedules, which are intended to make it easier for partners and shareholders to find information related to “items of international […]


Jun

22

2022

New IRS Cryptocurrency Reporting Requirements in 2023

The Infrastructure Investment and Jobs Act that was signed into law in late 2021 includes new definitions and tax reporting requirements for cryptocurrency. Download PDF > An Overview of the Changes Under existing broker reporting rules, if you have a stock brokerage account, whenever you sell stock or other securities, you will receive a Form […]


May

20

2022

HLB’s Global Annual Review Reveals 25% Network Growth in 2021

HLB International recently released its 2021 Global Annual Review, noting that the network experienced major growth in revenue, offices, and cross-border locations. Download PDF > HLB International, the global advisory and accounting network, recently released its 2021 Global Annual Review, Reaching New Heights. In addition to outlining the impressive growth experienced last year, the report […]


Feb

22

2022

HLB’s 2022 Global Business Leaders Survey Reveals the Rise of the Innovation Imperative

HLB International, the global advisory and accounting network, recently released its annual business leaders survey, which included nearly 600 participants from over 45 countries. The major theme for 2022 is the critical importance of innovation. Download PDF > Innovation vs. Execution Gaps The new report, entitled “Powering Your Innovation Engine,” revealed a greater confidence among […]


Feb

01

2022

Private Companies and NFPs:
6 Lease Accounting Steps to Take in 2022

As you may already know, in 2016 the Financial Accounting Standards Board (FASB) changed the way companies need to account for their leases under U.S. GAAP. The updated standard, ASC 842, went into effect for public companies in 2019 and must be adopted by private companies and non-profit (NFP) organizations this year, with an effective […]


Jan

26

2022

Cost-of-Living Adjustments Impact 2022 Tax Planning Strategies

The IRS recently issued its 2022 cost-of-living adjustments for more than 60 federal tax provisions. With an increase in inflation, statutory tax provisions that are indexed to the national cost-of-living have increased over 2021 amounts. As you consider 2022 tax planning strategies, be sure to take the new 2022 cost-of-living adjustments into account. Download PDF […]