2022-2023 Connecticut Credits and Incentives Opportunity

The 2022-2023 Connecticut fiscal year budget adjustment bill includes the creation and enhancement of various credits and incentives.

CECL Implementation is Here: What it Means for Financial Institutions

For calendar-year financial institutions, the CECL standard will be adopted on January 1, 2023, and reported in the first quarter call report for 2023.

Name Change Delays for Nonprofits

Until a more permanent process is adopted, nonprofits should plan ahead for name changes and temper expectations for how long the process might take.

Fundraising Event Reporting for Tax-Exempt Organizations

While funds from a fundraising event can be used to further an organization’s exempt purpose, the IRS does not consider the act of fundraising itself to be related to that exempt purpose.

Why ESG is Becoming a Bigger Deal for Investors

ESG has been getting mixed results in shareholder resolutions. Support is up, but these resolutions typically don’t pass, and even then, they are typically advisory.

Cannabis Industry Activity Continues to Boom in M&A World

Though M&A activity and strong valuations signal growth, those eyeing deals in cannabis are also wise to the industry’s overall volatility.

Insurance Policy Language: Complex, and Critically Important

There is no one-size-fits-all approach to insurance policies, especially because policy language is shaped by the ever-changing economic environment.

S Corp Shareholders Have A New Federal Form To File

Healthcare Sales and Acquisitions: The Value of a Company’s Workforce

Assessing a company’s tangible and intangible assets is key to the transfer of assets between provider organizations such as hospitals, physician practices, surgery centers, and clinics.

Dentist’s Compensation: More Than Just a Paycheck

Dental practitioners should carefully consider the salary they pay themselves for their services.

CMS Releases Data on Hospital and Nursing Home Mergers

CBIZ offers a variety of regulatory, operational, financial, and tax advisory services to help your organization prepare for the changing environment.

How Normalizing Adjustments Impact Your Business Valuation

Normalizing adjustments play a crucial part in the valuation process as they enable a valuation expert to determine a business’s sustainable income and adjusted balance sheet.

The Final Foreign Tax Credit Regulations: Is the Density a Feature or a Bug?

A primary effect of the new foreign tax credit regulations released in January 2022 is that they significantly changed and limited the creditability of existing and new foreign income taxes.

PCI DSS 4.0 – Vulnerability Assessment and Penetration Testing Changes

The Payment Card Industry Data Security Standard PCI DSS 4.0 was designed to mitigate current and future security risks given the dynamic growth of threats and technology in the marketplace.

New Reporting and Disclosure Requirements for Contributed Nonfinancial Assets or Services