Insights

The CARES Act included a temporary increase of the limitation of the deductibility of business interest under section 163(j).

Eleventh Circuit holds that conservation easement on property including a private golf course is appropriate.

Recent Maryland legislation provides for an optional entity-level tax for pass-through entities.

Learn more on the highlights of SBA PPP Loan Forgiveness Application, along with considerable guidance recently released.

The Impacts of revenue Recognition on Private Equity," to learn more on how private equity firms can assess the impact of compliance with ASC 606.

DOD issues a class deviation for certified cost or pricing data thresholds. Understand what this means for government contractors.

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.

As part of the TCJA, new tax incentives were created under Sections 1400Z-2 of the IRC regarding qualified opportunity funds.

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