Insights

Georgia's House Bill 846 modifies existing Georgia tax credit programs that affect business income and net worth taxes, and a new state tax credit.

Learn about the impact COVID-19 has had on accounting for healthcare & life sciences companies, including employee wellness, business operations and more.

Learn more about how the IRS released proposed requirement for two alternative methods to report partner tax basis capital accounts.

Read about the Governmental Accounting Standards Board's (GASB) Accounting Standard, amending criteria to report governmental fiduciary component units.

Learn more about compliance considerations under the Coronavirus Relief Funding, including available federal funding and the additional guidance expected.

Non-government employers should claim the maximum employee retention credits available right now, potentially a tax credit up to $5,000 per employee.

Learn more on GASB 87 and common lease accounting decision points on contracts management where the entity is the lessee.

New guidance provides that CARES Act NOLs can be carried back and deducted against aggregate UBTI in the applicable years mentioned previously.

North Carolina Governor signed a bill to reduce the sales tax burden on schools and business delivering virtual learning and instruction to their customers.

GASBs recent bulletin will provide real life guidance and examples of how to account and report for activities brought forth by the CARES Act.