How Will ASC 842 Affect Tax Accounting?

How Will ASC 842 Affect Tax Accounting?

You know the drill. The FASB introduces a new code. Most companies procrastinate or hesitate to implement it. The changes go live. You make the necessary changes and ask yourself, “why did we wait so long to adopt the changes?” After ASC 606 left companies scrambling...
How Will the Payroll Tax Deferral Affect You?

How Will the Payroll Tax Deferral Affect You?

If you hadn’t seen the news announced earlier this month, President Trump signed an Executive Order on August 8 to break the stalemate in Congress. Though offering a much broader continuation of benefits released under the CARES Act, one of the key provisions was one...