How to Manage the Cost of Risk for Your Business

Risk management is the cornerstone of any business and you have to take into account what aspects of your business influence the cost of risk.

Restaurant Revitalization Fund Grant Program is Open

The U.S. Small Business Administration (SBA) began accepting applications on May 3 for the Restaurant Revitalization Fund, or RRF, through its website.

How to Handle the Accounting for Collateral Assignment Split-dollar Life Insurance Plans

Split-dollar life insurance is an arrangement between two parties to share the costs and benefits of a permanent insurance policy.

Strategies to Decrease the Impact of Business Tax Increases

The Biden administration may raise taxes to offset costs of new initiatives, and these strategies may help mitigate that impact.

New York Enacts Pass-Through Entity Tax

The New York Pass-Through Entity Tax provides certain individual taxpayers a viable workaround of the 2017 Tax Cuts and Jobs Act’s $10,000 State and Local Tax deduction limitation.

Preventing Ransomware Exposures from Remote Desk Protocol

Remote Desk Protocol (RDP) has been invaluable for remote employees, but it has come at the cost of more RDP-based ransomware attacks.

8 Common Exposures Financial Institutions Face

Financial institutions face unique risks to protect their clients’ money. From property exposures to cyber criminals here are eight common exposures to be aware

2021: An ESOP Trifecta

There is a marked increase in the number of inquiries by selling shareholders to sell their company to an ESOP, as opposed to a more traditional exit.

How High Should Biden Raise the Capital Gains Tax? It’s Complicated, Experts Say

3 Questions CFOs Should Ask About Their Internal Audit Team

Here are some tips for CFOs to consider when budgeting for their internal audit function.

Part 2: Understanding Your Business Valuation – The Price is Right. Right?

Knowledge of the process, valuation metrics, and key data allows the owner to continue growing the business value and best position the company for a sale.

New RMD Rules Can Be Unfriendly to Wealthy Clients

New Accounting Alternative for Evaluating Goodwill Impairment Triggering Events

Private entities that select a new accounting alternative may be able to skip a test of goodwill impairment in 2020.

New York Governor Signs 2021-2022 Budget

New York’s newly signed budget bill includes a temporary tax hike on certain high earners, extends various tax credits and includes incentive programs for business development and industries affected by COVID.

How to Account for Deferred Revenue in Purchase Accounting

More deals give rise to questions on deferred revenue accounting.