In a case that centers on tax law, defense lawyers blame the company’s former chief financial officer. Prosecutors bring up the former president.
The trial comes after years of scrutiny of the Trump Organization and Donald J. Trump himself. It is among the largest legal challenges faced by the man and the business.
I believe I am one of the top experts on tax season management. I have been presenting live programs throughout the United States and webinars to attendees from over 30 counties for over 40-years. I have written a book on Managing Tax Season for the AICPA that had three editions
Many companies have benefited from federal government relief acts and programs such as the American Rescue Plan or the Provider Relief Funds during the pandemic. But if they are a nonfederal entity that spent $750,000 or more in federal funds during a fiscal year, they will be required to have
The Securities and Exchange Commission adopted rules this week requiring public companies to claw back erroneously awarded incentive-based compensation received by their current or former executives only months after issuing a set of rules on pay versus performance. The final rules on pay versus performance require an issuer to file
This year has seen meaningful, long-lasting developments around the changing landscape of streaming entertainment: mergers and bundling, rising availability of free alternative services, and perhaps biggest of all, the imminent arrival of cheaper, ad-supported plans from some of the biggest names in the business. We’re seeing ongoing news stories about
From tracking income and expenditures to ensuring statutory compliance to financially informing business decisions, accountants play an essential role in running a business. Nevertheless, accounting departments struggle to complete tasks and face difficulties keeping everything on track, especially during busy times of the year, due to inefficient tools or empowerment
Details: BSSF Wealth LLC merged with Lighthouse Wealth Management LLC, while adding an additional advisor, Teancum Light. Under the deal, BSSF Wealth is assuming the name of Lighthouse Wealth Management, which is a registered investment advisor. Its partnership with the accounting firm Brown Schultz Sheridan & Fritz will remain, however,
More than 30,000 cities, counties and tribal governments with billions of dollars in federal stimulus money to spend are now largely on their own. The U.S. Treasury Department has already begun scaling down its support system for COVID-19 relief grant recipients, after Congress failed to let the agency tap into
Jamie Fowler, Grant Thornton’s chief transformation officer, says, “In some ways, I think, all technologies are oversold when it comes to accountants.” While at first this may seem an odd thing coming from a major firm technology leader, Fowler was making a point about not putting the cart before the
