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The Financial Accounting Standards Board plans to propose that private companies and nonprofits get an extra year to implement the lease accounting standard while also giving private franchisor companies an extra year for revenue recognition.3h ago
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Cherry Bekaert, a Top 25 Firm based in Richmond, Virginia, has acquired Tax Advantage Group, a consulting firm in Greenville, South Carolina that specializes in providing services related to the New Markets Tax Credit to clients across the U.S.5h ago
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Taxpayers who meet the requirements for investing in an opportunity zone can potentially take advantage of increased depreciation deductions through cost segregation, further decreasing their tax liability.6h ago
PrincipalKBKG
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China’s second accounting scandal in less than a week is underscoring concern over lax corporate governance at some of the country’s fastest-growing companies.8h ago
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Even before the start of the coronavirus pandemic, the federal government was facing dire financial conditions, with its overall financial condition worsening by $8.16 trillion in 2019, according to a new analysis.April 7
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COVID-19 has created the largest health and economic crisis in decades.April 7
Executive directorCenter for Audit Quality
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The current pandemic offers opportunities for firms that are ready to change.April 7
PresidentThe Visionary Group
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It is important to look at cost segregation and what it can do for a taxpayer.April 6
ShareholderMcGuire Sponsel
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The Governmental Accounting Standards Board is working on several fronts to offer relief to state and local governments and other stakeholders in the midst of the pandemic, including delaying the effective date of some standards.April 6
