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Tax Implications and Financial Business Guidance Regarding the Coronavirus

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Expanded Employee Retention Credit (ERC) & how our professionals can assist you.

How Can We Guide You?

Cherry Bekaert

Guidance

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Article

Final Overtime Rule on Hold

A November 22 preliminary injunction has blocked the Final Overtime Rule scheduled to become effecti...

November 30, 2016
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Article

FASB Seeks More Information on Inventory Disclosures

Businesses using the Retail Inventory Method (“RIM”) could be facing additional disclosure requi...

November 28, 2016
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Article

Small Edit to Nonprofit Guidance Approved

A phrase accidentally included in Accounting Standards Update (“ASU”) No. 2016-14, Not-for-Profi...

November 21, 2016
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Article

Amendment Proposed for Service Concession Arrangements

Businesses have asked for additional guidance on Topic 853, Service Concession Arrangements, and the...

November 18, 2016
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Article

Paid Sick Leave Now Required for Federal Contractors

By: Sara Crabtree, Senior Manager Effective November 29, 2016, the Department of Labor has issued re...

November 17, 2016
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Article

FASB Says to Use Judgment When Applying Revenue Standard

Companies will have to make a judgment call when recording revenue from customer contracts over time...

November 17, 2016
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Article

New Private Company Council Members Announced

Yesterday, the Financial Accounting Foundation’s (“FAF”) Board of Trustees appointed the follo...

November 16, 2016
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Article

FASB Investor Panel Adds Academia Members

Changes are ahead regarding the Financial Accounting Standards Board’s (“FASB”) Investor Advis...

November 15, 2016
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Article

Slight Correction Proposed to New Nonprofit Accounting Guidance

Following its October 19 meeting on approved technical corrections to the U.S. GAAP, the Financial A...

November 03, 2016
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Article

Guidance for Intra-Entity Transfers of Assets Amended

Providing relief for reporting the income tax consequences of an intra-entity transfer, the Financia...

October 28, 2016
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Article

Post-Implementation Reviews on Pause

Financial Accounting Standards Board (“FASB”) post-implementation reviews are currently on hiatu...

October 12, 2016
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