We have been providing tax compliance work and tax planning for many years. Our clients have included farmers, construction contractors, retail outlets, real estate developers, oil and gas drilling contractors and producers, banks, insurance companies, hospitals and other health care providers, individuals, estates, and trusts.
As part of this process, we constantly look for opportunities to increase wealth by reducing and postponing taxes on an annual basis and through financial and estate planning. Regardless of your stage in life, whether you are just beginning to plan your retirement or whether you are thinking of retiring, there are opportunities for planning. Please contact us if you would like to explore these matters further.
Over the last several weeks, HHS has established in its PRF FAQs that the reporting in the PRF Reporting Portal will be based on when PRF payments were received. Source: JOA News Read More here – Single audit rules clarified for Provider Relief Fund recipientsRead More
GASB issued a revised proposal that describes concepts that would guide the board when it establishes requirements for notes to financial statements for state and local governments. Source: JOA News Read More here – GASB revises proposed approach to financial statement notesRead More
FASB issued guidance that’s designed to help lessors more faithfully account for the underlying economics of leases that would have been classified as a sales-type lease or a direct financing lease and would have recognized a day-one loss. Source: JOA News Read More here – FASB alters accounting for certain leases with variable lease paymentsRead More
Various issues that have been identified as worthy of attention by the Governmental Accounting Standards Board are addressed in an omnibus proposed standard issued Monday. Source: JOA News Read More here – GASB proposal addresses a variety of governmental accounting issuesRead More