Blog

Recently enacted changes to the way partnerships are audited by the IRS and how any resulting tax liability is computed and collected could require partners to revise their operating agreements. Whether your partnership is made up of two or 200 people, read on to find out what the new rules entail and how you can comply – or opt out.

To effectively manage fraud risk, it’s important to maintain a proper corporate governance structure along with effective policies and procedures for fraud risk assessment, fraud prevention, fraud detection, and fraud investigation.

The new revenue recognition standard, starting in 2019 for private companies, could change the way your healthcare organization records revenue and structures deals and contracts.

The HMDA platform is currently available for financial institutions to use in a test environment to become familiar with the platform, and determine whether their sample Loan Application Register data complies with reporting requirements.

Every U.S. shareholder (including, U.S. citizens, tax residents, and U.S. entities) who own an interest in a Controlled Foreign Corporation or who dispose of or acquire a 10% interest in a foreign corporation, must file Form 5471 with their tax return in order to satisfy the reporting requirements of IRC Sections 6038 and 6046, and the regulations thereunder.

Effective January 1, 2019, the Florida state sales tax rate applicable to the lease of commercial real property will decrease from the present rate of 5.8% down to 5.7%. The change will directly impact leases of office space, retail space, warehouse space, and more.

Steven M. Demar of Kaufman Rossin talks about his involvement with Make-A-Wish Foundation.

QuickBooks Desktop 2019 has arrived and with this release comes several new features and improvements that can help you better run your business.

The Opportunity Zones program offers the potential of deferred capital gains, slightly reduced cost basis for capital gains, and tax-free appreciation for investors in designated economically distressed communities.

The General Data Protection Regulation (GDPR), which became effective in the European Union (EU) on May 25, 2018, establishes new rules relating to the use, processing, and protection of personal data concerning individuals located in the EU.

Some tax changes for businesses will automatically roll out, but others require you to take action now.

Year-end is a good time to evaluate key elements of your operations, and identify some areas where you can start a year of performance improvement. 

With year-end approaching, now’s the time to speak with your tax advisor about planning that could help reduce your tax liability for 2018.

Mark Scott talks about his involvement with The Miami Foundation and the organization's mission to support local causes and improve communities across Miami.

The Tax Cuts and Jobs Act had significant impacts to the technology industry. To take advantage of beneficial provisions, take action now on year-end tax planning.

Before year-end, physicians should plan for the potential short-term and long-term financial impact of recent tax changes on their practices.   

The Tax Cuts and Jobs Act, although generally “business friendly,” doesn’t treat law firms very kindly. Tax planning is paramount.

As year-end 2018 closes in, it’s urgent that U.S. businesses with outbound operations take the time for proper planning with a tax advisor.

The Tax Cuts and Jobs Act includes tax changes that are positive for the manufacturing and distribution industry as well as provisions that are negative.

The Tax Cuts and Jobs Act, seen to be very “business friendly,” includes a number of provisions affecting the private equity and investment fund industry. Without the proper planning before year-end, you could miss out on benefits.

Some of the new law’s key provisions are beneficial to the construction industry, but the elimination of several deductions may be painful.