Insights

FASB to review backwards tracing related to tax reform. Understand the implications of these changes for your accounting practices.

Under prior law, business interest expense was generally deductible in the year in which the interest was paid or accrued, except that corporations were subject to certain limitations.

Learn how Cherry Bekaert can help guide your business through the impact of tax reform on current year financial statements

Learn how Cherry Bekaert can help you guide your business to be prepared if and when there are major changes to the tax code.

Listen as our professionals discuss the potential opportunity and uncertainty of business tax losses realized during the coronavirus disaster emergency.

The IRS released Rev. Proc. 2020-29, temporarily allowing the electronic submission of requests for letter rulings, closing agreements, and other advice.

Details on the Florida Department of Revenue extended filing deadlines for certain Florida corporate income tax (“CIT”) payments and returns.

Guidance on taking advantage of the new MSLP, the additional stimulus lending program available to small and medium sized businesses that meet certain criteria.

Learn more on the CARES Act NOL carryback changes providing immediate refunds for corporate taxpayers with taxable income during the carryback time period.

Key takeaways from the Consolidated Appropriations Act 2020. Learn how these provisions may affect your business or organization.