In the News

Crossing State Lines: Complexities of State Business

Mar 20, 2018

Many state governments are placing an increased emphasis on ensuring that out- of-state businesses that should be paying sales and income taxes are registered and are paying the proper amount of taxes. Many states have discovery departments for the very purpose of...

Capitalize on the Hot M&A Market?

Mar 20, 2018

Last year, the value of Merge & Acquisition (M&A) transactions reached a record high with aggregate deals in excess of $4.8 trillion. This exceed the previous high in 2007 which surprassed $4.1 trillion. Read More

Who is Watching Over your Finances?

Mar 20, 2018

The Securities and Exchange Commission (SEC) requires all listed companies to have an audit committee (or equivalent) as part of its Board of Directors. Highly effective audit committees are comprised of “independent” members with at least one financial expert. Read...

Due Diligence and Quality of Earnings

Mar 20, 2018

If you are thinking of buying or selling a company, you have probably heard the term ‘due diligence’. What does this term actually mean? Read More

IRS Loses Third Captive Case

Mar 20, 2018

On September 21st, 2015 the U.S. Tax Court ruled in favor of an insurance company, R.V.I. Guaranty Co., Ltd. & Subsidiaries v. Commissioner. It is the third major captive insurance case ruled in favor of taxpayers within the last two years and it comes on the heels of...

Simplify to Innovate

Mar 20, 2018

Taking something complex and making it as simple as possible is an important aspect of innovation. To quote one of the great innovators of our time, Steve Jobs, “Simple can be harder than complex. You have to work hard to get your thinking clean to make it simple. But...

Upcoming Changes to Measurement

Mar 20, 2018

Confucius said, “Life is really simple, but we insist on making it complicated”. This truth can be said for the accounting profession and some of its related accounting pronouncements. With complex derivative instruments, hedging transactions, sharebased compensation,...