Insights

Recent proposed regulations are largely unfavorable to small business taxpayers, and may disrupt tax strategies involving inventory.

COVID-19 related price changes may affect revenue recognition accounting.

Here are three accounting considerations if your organization is undergoing restructuring.

Proposed stimulus legislation would offer the following benefits to not-for-profit organizations.

The IRS released proposed updates to clarify its carried interest rules, provisions that put restrictions on how much investment related income can qualify for a lower tax rate.

Details were recently finalized about how nonprofits can access the Main Street Lending Program.

Senate Republicans released on July 27 their $1 trillion proposal for the next phase of coronavirus relief legislation.

Multinational organizations should prepare for new international tax obligations.

U.S. corporations with foreign subsidiaries may be able to claim an ordinary loss deduction under Section 165(g)(3).

Here’s a closer look at the 2020 presidential candidates’ proposed tax plans.

Purchasing debt from a portfolio company may trigger tax implications.

Remote work and information security risks may have more organizations being asked to produce System and Organization Controls (SOC) reports.

Here is a recap of tax updates that could affect 2019 tax filings.

Our complimentary webinar will provide an overview of some of the obstacles and best practices public company tax departments are encountering within a remote work environment.

Private colleges and universities face reporting changes.

Facing a revenue decline as a result of the COVID-19 pandemic, the state of California is taking steps to protect state income tax revenue.

A recent memo clarifies Single Audit requirements.

As part of its recent review of the CARES Act loan programs, the Federal Reserve is evaluating whether to expand its Main Street loan facilities to include not-for-profit organizations.

Debt modifications may come with tax consequences. Here’s how.

The IRS recently issued Notice 2020-43 (the Notice) to seek public comment on a proposed requirement for partnerships to use only certain specified methods to satisfy the tax capital reporting requirement with respect to partnership taxable years that end on or after Dec. 31, 2020.

With much of the economy still operating at a limited capacity, businesses are feeling the crunch and many portfolio companies are having a difficult time servicing their debt.

Here are some financial reporting steps to consider if your organization receives a debt raise.

Recent guidance from the AICPA provides more clarity on how to account for PPP loans.

Join CBIZ, MassMEDIC, and TriNet for a discussion on Cost Optimization Strategies and Tax Relief for Medical Device and Other Life Science Companies.

Not-for-profit organizations have clearer guidance on how to account for PPP loans than other types of organizations.

The pandemic opened the door for a tax opportunity under Section 165(i).

The Paycheck Protection Program Flexibility Act provides more room for loan forgiveness.

The Financial Accounting Standards Board formally delayed the effective date of the leasing and revenue recognition standards for select entities.

Accounting for the Paycheck Protection Program loans is not straightforward. The following provides a closer look.

Changes may be coming soon that would allow for greater flexibility with forgiveness for Paycheck Protection Program loans.

The risks posed to the cybersecurity environment during the COVID-19 pandemic may lead to additional questions about your information security control environment.

The following considerations may help guide your company in its evaluation of complex transactions after the COVID-19 pandemic.

While the IRS is operating at limited capacity, it may be worth evaluating your options to ensure and validate that mailed-in tax documents were received on-time.

A recent decision to delay the effective date for the revenue recognition and leasing accounting standards may bring some relief for not-for-profits, but for those approaching their June 30 financial statements, some of the changes may be coming too late.

The FASB voted to move ahead with the adoption date deferral of ASC Topic 606 and the ASC 842, Leases for non-public entities.

Reporting changes were delayed a year, but partnerships should still be braced for changes coming to their Schedule K-1 reporting.

Investment vehicles with Cayman Island reporting requirements may have additional filing requirements and some delayed due dates to consider.

Measures taken to help with COVID-19 recovery have an impact on U.S. international tax requirements.

Our complimentary presentation will provide an overview of the challenges with valuing businesses during a disrupted market and include a discussion of potential opportunities that may result from the changes in market volatility and low asset values that came about due to the pandemic.

Finance teams may want to check in how tax departments are operating, as some key functions have become more challenging as a result of the COVID-19 pandemic.

Phishing schemes seemingly related to the COVID-19 pandemic heighten information security risks for employees and organizations alike.

Recent changes resulting from the COVID-19 pandemic will have a federal and state tax impact.

Our webinar will recap hot topics, technical matters, and other current events that have a bearing on international tax planning and compliance. We will highlight emerging best practices and other tips to help you navigate through these areas.

Summer started early for university campuses across the country. Many closed their campuses well in advance of the end of the semester in efforts to protect students and faculty from the COVID-19 pandemic.

Real estate operators have unique tax planning opportunities to consider that resulted from recent COVID-19 economic stimulus legislation.

Organizations will need to factor in COVID-19 into their ASC Topic 606 analysis.

A game plan for capital and operating expenditures can help expedite your organization’s recovery from COVID-19 disruption.

The FASB recently granted some relief for accounting for lease payment deferrals.

In response to the financial damage related to the COVID-19 pandemic, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).

Not-for-profit organizations should look to the CARES Act for COVID-19 pandemic relief.

COVID-19 stimulus legislation and other impacts from the pandemic will affect several elements of income tax accounting in 2020.

Public companies will need to address a number of income tax accounting implications from the CARES Act for their quarterly financial reporting.

From managing the safety of the workforce to capitalizing on relief provisions, the construction sector has plenty of considerations for managing the impact of the COVID-19 pandemic.

Congress appears to be on the verge of replenishing funds for Paycheck Protect Program.

Federal tax provisions in the CARES Act affect international tax requirements as well, including GILTI, FDII, and BEAT taxes.

Market movements and the COVID-19 pandemic’s impact on future cash flows may produce triggering event for organizations to test their assets for impairment.

Widespread work-from-home arrangements are complicated, and the remote work scenario occurring during the COVID-19 pandemic may also make state and local taxes more challenging, too.

Uncertainties created by the COVID-19 pandemic may cast doubt about an organization’s ability to continue operating as a going concern, an important accounting consideration involved in financial statement preparation.

The FASB voted this morning on a proposal to further delay the effective date for the changes to lease accounting for private companies and not-for-profit organizations.

Ensuring the safety and security of data during remote work scenarios is essential. The following are some suggestions on how organizations can sure information remains secure.

The following considerations for headcount, liquidity, and other areas of your operations may help ensure your organization is responsive to the uncertainty caused by the COVID-19 pandemic.

This webinar will be a technical presentation of the research and development tax credit. Discussion regarding credit definitions set forth by code section 41 and 174, applicable court cases and regulations and current IRS audit guidelines.

Private equity and venture capital funds as well as their portfolio companies should carefully consider the impact of the provisions in the CARES Act, including SBA loans, tax loss limitations, and relief from business interest limitations.

New registration requirements in the Cayman Islands may affect venture capital and private equity funds.

The following tips may help companies respond to supply chain disruptions caused by the COVID-19 pandemic.

Establishing a 13-week cash flow can help businesses navigate the disruption caused by the COVID-19 pandemic.

The following tips may help not-for-profits manage the repercussions from the coronavirus pandemic.

In light of the COVID-19 pandemic disruptions, the SEC recently released some relief and guidance for public companies and SEC registrants.

The COVID-19 virus will have an impact on your financial reporting, accounting, and disclosures. Here are some key ways you can expect your financial statements to change.

Filing extensions and tax payment relief are coming for individuals and businesses in response to the COVID-19 virus pandemic, but the request for extensions must be made by the original April 15 tax filing deadline.

Our Eye on Washington webinars assist CEOs, CFOs, financial executives and advisors, and other interested parties in navigating the complex tax environment. From federal tax reform to IRS guidance, topics covered will provide the up-to-date information you need to help you plan for the future.

Our Eye on Washington webinars assist CEOs, CFOs, financial executives and advisors, and other interested parties in navigating the complex tax environment. From federal tax reform to IRS guidance, topics covered will provide the up-to-date information you need to help you plan for the future.

Our Eye on Washington webinars assist CEOs, CFOs, financial executives and advisors, and other interested parties in navigating the complex tax environment. From federal tax reform to IRS guidance, topics covered will provide the up-to-date information you need to help you plan for the future.

This quarterly webinar will bring you up-to-date on hot topics, technical matters and current events that affect financial reporting.

This quarterly webinar will bring you up-to-date on hot topics, technical matters and current events that affect financial reporting.

This quarterly webinar will bring you up-to-date on hot topics, technical matters and current events that affect financial reporting.

With the human cost that accompanies the COVID-19 virus, conversations around its financial impact on businesses can be difficult to have. Financial leaders need to be prepared to navigate the COVID-19 virus’ repercussions for their organization’s bottom line. Depending on the company’s sector and geographic footprint, that impact could be significant.

As the Democratic presidential candidate pool narrows, it’s a good time to check in on some of the candidates’ tax proposals. Our analysis breaks down a hypothetical example of how a taxpayer would fare under each proposed tax plan.

The effects from revenue recognition will be felt far beyond the controller’s office. It may also have an impact on M&A conversations. Here are some points that buyers and sellers should consider.

Insight into how not-for-profit organizations use financial donations has long been easier to get than information on how organizations use their nonfinancial contributions, such as donated services. A proposed accounting change would require organizations to disclose more detail about their use of nonfinancial assets.

Our team recently gathered feedback from not-for-profit and higher education professionals about their approach to key risks and challenges. Their insights may be a useful guide in allocating your organization’s risk management resources this year.

CFOs have more complex roles than ever. While we won’t take you on a magic carpet ride, we hope to share some of our observations around the evolution we are seeing with the CFO role.

Proposed regulations for U.S. partnerships with certain international activities may make 2019 tax reporting more complicated for those partnerships. The regulations explicitly state that taxpayers cannot use them until certain 2019 Forms are updated, and we are still waiting on final instructions for those forms.

Companies entering the brave new world of digital currency should be extra vigilant with their tax reporting obligations. Recent IRS compliance efforts around cryptocurrencies are proving to be more intense and far-reaching than other types of oversight.

The tax plan of former New York Mayor and 2020 Democratic presidential candidate Michael Bloomberg shares something in common with his campaign overall: it’s moderate. Compared to the tax plans referenced by the other Democratic presidential candidates, the outline of Bloomberg’s plan is most akin to former Vice President Joe Biden.

A recent accounting standards update could have a significant impact on your accounting department.

Opportunity zones provide one of the greatest tax deferral vehicles in the tax reform law commonly known as the Tax Cuts and Jobs Act (TCJA). However, the rollout of investment opportunities in qualifying funds has been hampered by confusion and uncertainty.

Complex standards and organizations’ implementation efforts related to those standards will continue to dominate the accounting conversations for not-for-profits throughout the year.

Now that both public and private companies have adopted the revenue recognition changes under ASC Topic 606, private companies will be gearing up for their next challenge: their audit.

Privacy protection regulations are not such a foreign concept any more. The California Consumer Privacy Act provides a template of what U.S. companies may expect to see in privacy regulations trends moving forward.

Public company comment letters and feedback often indicate the compliance focal points for financial reporting. Here’s a look at what could be top of mind in 2020.

These seven steps can help finance departments close out their books on 2019 reporting.

A recent accounting conference highlighted some of the broader stories we can expect to affect finance departments this year, including technology trends, macroeconomic issues, and forthcoming accounting changes.

Two major OECD proposals could have an impact on companies with transfer pricing requirements.

Service organizations may face unique challenges with the adoption of the revenue recognition standard. The following provides some insight and illustrative examples at how the ASC Topic 606 standard may apply to common service organization arrangements.

More details are emerging about 2020 presidential hopefuls’ tax plans.

An appropriations bill passed on December 20 contains a gift for not-for-profit organizations. The so-called Further Consolidated Appropriations Act, 2020 (FCAA) provides a long-awaited solution for not-for-profits that provide certain transportation and parking benefits to their employees.

To help conceptualize how the updates in ASC Topic 606, Revenue from Contracts with Customers and ASC Topic 958, Not-for-Profits, affect your organization, we have compiled some examples to showcase the guidance in application. The following may help illustrate how the new accounting principles affect common arrangements your organization may encounter.

Global political dynamics, regulatory updates, and accounting developments dominated the accounting and tax world in 2019. The following is a preview of some of the year’s biggest stories.

Relief is coming for partnership 2019 tax reporting. A recent IRS announcement delays several information reporting requirements.

Tax reform clarifications keep coming. Here’s a look at how 2019 tax reform updates could impact your business.

Here’s a snapshot of the top accounting topics that companies should be aware of going into the new year.

There’s still to make some strategic tax moves for your business that could help you save on 2019 taxes. Here are some of top ideas to consider, including strategies for recovering the cost of business property, dispositions of business property, and tax attributes and corporate tax considerations.

Threats to information security remain top of mind for many organizations today. At industry risk management conferences this fall, we asked attendees about their greatest area of risk and more than 72% of respondents said the same thing: Data and cybersecurity.

Recent technology company initial public offerings have changed the landscape for early-stage tech companies. Here’s what technology companies and investors should know about their current marketplace.

Both public and private companies have some major accounting updates that will affect their 2019 financial reporting. The following recaps what companies need to know to be prepared for year end, including the potential impact accounting changes could have on 2019 financial statements.

The IRS announced recently that enhanced estate and gift tax planning opportunities will not be clawed back once the provisions expire.

Please join us for this webcast in which we will identify and assess effective individual year-end strategies including interactions with trusts and estates, S corporations and other pass-through entities for optimal tax minimization for 2019 and beyond.

Our Eye on Washington webinars assist CEOs, CFOs, financial executives and advisors, and other interested parties in navigating the complex tax environment.

Is your organization setting the bar for overhead expenses too low? The perceived harm of overspending on non-program related ventures could be stifling innovation in your organization. Here’s a guide on how to strike the right balance between budget and modernization.

The landscape has shifted for charitable giving. As individuals feel the effect of the Tax Cut and Jobs Act of 2017 on their personal tax situation, charities making requests for donations will need to respond in kind.

All private companies should be prepared to answer at least one question about their 2019 financial statement: How did the new revenue recognition standard affect your organization? The following provides a closer look at how to communicate the impact of ASC Topic 606.

Draft versions of 2019 partnership tax returns indicate that substantial information reporting changes are on the way. Here’s a closer look at what partnerships can expect.

If M&A is part of your inorganic growth plan for 2020, you may want to be thinking ahead to the resources needed for purchase price allocations.

Whether your manufacturing or distribution company is planning to expand, add more employees or bring in new technologies, growth takes investment.

As the end of 2019 approaches, commercial real estate owners and investors are looking for strategies to increase their 2019 tax deductions and reduce income taxes.

Certain leasing arrangements will complicate your adoption of the new leasing standard. Here’s what lessees can do to navigate the nuances of sale and leaseback and build-to-suit arrangements.

Now that the states have the ability to tax out-of-state vendors, they are onto their next quest to capture more sales tax revenue from online sales by shifting the burden of sales tax collection and remittance from sellers to marketplace facilitators.

The frequency of cyberattacks and information security incidents in today’s market makes information technology controls vital.

The votes are in: Private companies and smaller reporting public companies are getting more time to work through some complex accounting changes, including the updates to lease accounting. With the effective date delay, it might be tempting to put implementation activities on the back burner. Here’s what to do to keep your leasing standard adoption on track.

Companies considering an initial public offering (IPO) should be aware of the types of information the SEC wants to see, which includes the fair value of financial instruments, share-based compensation arrangements, and other types of company assets.

A recent court opinion deals a blow to efforts to overturn the so-called state and local tax cap. The following is a closer look at the reasons the court gave for supporting tax reform provision.

Cybersecurity is a concern for all industries, but some sectors like private equity and venture capital tend to be targeted more than others due to the nature of their business. The following are some of the top data security considerations for PE/VC firms.

Major cybersecurity incidents from 2019 can tell us a lot about the current information security landscape. Here are some of the top lessons we have gleaned from some of the year’s most disruptive cyber attacks.

Practical expedients in the revenue recognition accounting standard are designed to make adoption easier for private companies, but they come with some considerations. Evaluating your practical expedient options can help make the transition to Topic 606 easier, and also helps with compliance in the standard in the long-term.

Some companies will have a harder time making the changes in the new lease accounting standard than others. Reviewing these 10 questions may help illuminate lease features that may make adopting ASC Topic 842 more complicated for lessees.

October is cybersecurity month, a good reminder for not-for-profits and their boards to re-examine their information security strategies. The following are five ways a not-for-profit’s board can help with data protection.

A recent court decision put a pause of an IRS regulation that would have allowed some not-for-profit organizations to forgo including the names and addresses of major donors in their annual information filings. But the decision does more than question a rule change; it speaks to how complicated it is to balance financial transparency with donor privacy protections.

Tax planning season is almost here. Private equity and venture capital firms will have a lot to sift through but one element that should not be overlooked are funds’ state and local income tax obligations.

Cost containment strategies may help not-for-profit organizations reduce their overhead expenses. Three avenues in particular may be ripe for cost recovery opportunities: construction contracts, accounts payable practices, and telecommunications contracts.

The tax reform law’s Qualified Opportunity Zone program is gaining popularity, but individuals, business operators, and real estate developers who are looking to take advantage of the program’s benefits should note that both the Qualified Opportunity Zone Funds and the businesses they support come with compliance requirements for 2020. The following gives a preview of what to expect.

July nearly turned into a tit for tat between the United States and France that involved Google, Facebook, French wine, and a tax on digital services revenue. The two sides resolved the disagreement over France’s Digital Services Tax, but the root of the France-U.S. conversation remains: Should the U.S. change the way digital business activities are taxed?

One of the big sore points with the 2017 tax reform law involved the elimination of some business write-offs, including the deductibility of parking expenses and employer-provided food costs. At a recent event, a spokesperson from the IRS indicated that it may be adjusting its approach to give taxpayers some relief.

New professional sports stadium builds like the ones in Los Angeles, Las Vegas, and Dallas could look very different under the forthcoming changes to lease accounting. The following is a closer look at some of the implication the standard changes could have on professional sports teams and their local governments.

Artificial intelligence technologies could reshape the world of accounting as we know it, but we may never get to the point where AI completely replaces the human accountant. The most promising AI accounting technology available today requires human-machine collaboration. Here’s how it may be affecting your organization.

A recent proposal from a Democratic presidential candidate sounds good in theory—$1,000 per month per citizen—but the provision designed to be an economic safety net would come at a huge cost. Even its proposed economic benefits would not be enough to make it affordable. Our analysis takes a closer look at why the concept of universal basic income is so difficult.

Not-for-profit organizations drew the short end of the stick when the new tax law commonly known as the Tax Cuts and Jobs Act (TCJA) made parking expenses incurred on behalf of their employees a taxable increase to unrelated business taxable income (UBTI).

Changes are coming to auditing standards for employee benefit plans subject to the Employee Retirement Income Security Act of 1974 (ERISA). While most of the updates affect plan auditors, there are implications for your management team. Here are some changes ERISA plan sponsors should expect for their employee benefit audits starting in 2021.

Goran Kovacevic, a director at CBIZ, looks ahead to 2020 and how tech trends will impact cybersecurity and risk management.

Advance payments happen every day, from subscription services to purchasing airfare or tickets to a sports game. For the companies accepting the advance payments, however, the deferred revenue liability that comes from those sales presents certain challenges, particularly if those companies were to undergo a business combination while holding the deferred revenue.

The forthcoming lease accounting changes will require companies with leased assets to record a lease liability. For most lessees, the only option they will have to calculate their lease liability will be to estimate an incremental borrowing rate. Careful analysis is needed to estimate an incremental borrowing rate. The following factors should be part of that evaluation.

Private equity and venture capital (PE/VC) firms can save a lot of grief with their international tax requirements by setting up parameters for their investor onboarding and reporting processes.

While the 2018 tax filing season has come and gone, it is never too soon to start thinking about filing for next year’s taxes.

After a tax season with some unwelcome withholding tax surprises, the IRS created a new tool to help. Taxpayers can use the Tax Withholding Estimator to complete their Form W-4 so that they get the desired income tax withholding outcome: a refund or a zero balance. But the new tool is only as good as the information supplied.

In the race to adopt the revenue recognition accounting changes, the initial impact assessment is your course map. Knowing how to conduct your revenue recognition assessment—from selecting the sample contracts to applying the five-step accounting model itself—can help your organization get to the adoption finish line faster.

Washington recently joined the growing number of states that are adjusting state tax policies around remote retailers and marketplace facilitators. The state made updates that will likely increase the number of out-of-state vendors who would be subject to the state’s Business and Occupation tax.

Opportunity Zones are one of the hottest investment topics in the tax world because they offer not one, not two, but three tax saving opportunities. But is it as easy as just investing in a Qualifying Opportunity Fund? And what happens when an investment partially qualifies for tax benefits? Recent IRS guidance provides insight into these pressing questions.

We may be a ways off from having anything like the GDPR in the U.S., but support grows for federal privacy protection laws. Companies should brace themselves for potentially stringent data protection requirements. You can help position your organization for new regulations by answering some tough data security questions.

The challenge with the new lease accounting standard won’t end with the initial adoption. Tracking and monitoring lease data and modifications may mean that traditional approaches to lease management aren’t feasible anymore. Lease accounting software provides a solution, provided you know what to look for in your tool.

Construction Executive Magazine, a publication from Associated Builders and Contractors, recently named CBIZ and MHM to its list of the Top 50 Construction Accounting Firms in the nation.

Several members of the CBIZ and MHM Not-for-Profit Practice attended the AICPA’s not-for-profit conference in Washington D.C. this summer. The annual conference covers hot topics in accounting, tax, and financial advisory, and other industry trends that practitioners and their clients should have on their radar.

For many private companies, the evaluation of the variable interest entity (VIE) guidance to their brother and sister entities has been a confusing and difficult process.

The tax plans for each of the candidates in the 2020 Presidential campaign involve some varied and unique proposals, including a wealth tax, a tax on securities trading transactions, and new refundable credits for low-income housing.

Good news for private companies, nonprofits, and smaller public companies: the FASB is planning to delay the roll-out of its accounting updates to leasing, credit loss impairment standard, hedge accounting, and long-term insurance contracts. Discussions by board members also indicate the FASB may be leaning toward a new approach for future complex accounting standards.

As online sales surge, more sellers are using larger online marketplaces to provide their products online, oftentimes using the popular Fulfillment by Amazon (FBA) program.

Unexpected UBTI & the Flip Side to Alternative Investments in Your Benefit Plan is designed to help plan sponsors understand how the tax on unrelated business income may affect their plan and what they can do to minimize compliance risks.

The Financial Accounting Standards Board (FASB) recently extended relief for goodwill and intangible asset accounting to not-for-profit organizations.

Accounting changes to ASC Topic 842, Leases share many of the characteristics that made the revenue recognition updates in Topic 606 so challenging.

More not-for-profit organizations are recognizing the benefit of financial performance measurement as a strategy for evaluating operations, programs, services and financial stability.

Not-for-profit organizations benefited from a stronger economy and higher per capita disposable income in recent years.

The AICPA’s Auditing Standards Board (ASB) recently released SAS No. 134, Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial Statements, which updates the form and content of a financial statement auditor’s report.

Cybersecurity, data security, and data privacy continue to be hot topics for all market segments. Information security incidents put a lot at stake and can cause financial harm, brand and reputational damage, increased regulatory scrutiny and personal liability for business leaders, and of course, repercussions for customers, clients and others in the value chain.

Companies have options when it comes to the lease discount rate they use when applying the new leasing standard. Here's what to consider.

Not-for-profit organizations have a long-standing debate with regulators about whether revenue generated by certain organizational activities should be taxable.

Independent contractor or employee? A recent Last Week Tonight with John Oliver segment highlights the vital importance of making the right distinction. We take a closer look at the issue, including the compliance risk employers face if they misclassify their workers.

The Securities and Exchange Commission took another step toward simplifying the financial reporting requirements for small public companies.

Private equity and venture capital firms that have or are looking to invest in financial services portfolio companies should be aware of the coming changes in the way financial service entities calculate credit loss reserves.

If it’s been a while since your firm last evaluated its tax function, you may want to consider a quick self-assessment.

Economics 101 teaches us that time can be quantified in dollars and cents, and that if you want to measure the value of your time—i.e., your opportunity cost—start by looking at your hourly wage.

The news is full of stories about the President’s tax returns and whether Congress can obtain them.

The Financial Accounting Standard Board (FASB) dealt a blow to the financial services industry during a recent board meeting. On April 3, the FASB rejected a proposal from a group of regional banks related to changes to the credit loss impairment standard.

As Gertrude Stein famously noted nearly a century ago, “A rose is a rose is a rose.” While this aphorism may be accepted in the mundane, it is unfortunately less established when the tax laws address EBITDA.

View key metrics regarding the construction industry for the month of March.

A central theme among the candidates vying for the Democratic presidential nomination has been increasing the tax burden on the wealthy.

Over the years, the IRS and taxpayers have battled the issue of whether state tax incentives and grants are taxable gross income under Reg. Section 1.61-1(a) or nontaxable contributions to capital under Section 118.

Your not-for-profit organization's internal and external stakeholders are growing more sophisticated.

Anticipation about forthcoming regulations for the Qualified Opportunity Zone (QOZ) program has grown to a fever pitch in recent weeks.

CBIZ and MHM’s 2019 Executive Education Series™ unpacks some of the major changes coming your way through webinar-based training.

Contingent considerations have played a vital role in a large number of merger and acquisition (M&A) transactions in recent years.

Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) is a common metric used by private equity fund managers to value investments made in portfolio companies.

Private equity and venture capital groups around the country have a lot of money but limited opportunities to spend it.

Financial services groups use benchmark interest rates to assist with business functions ranging from lending to mitigating interest rate risks. One of those benchmark interest rates, the London Inter-Bank Offered Rate (LIBOR), is effectively going away after 2021.

Threats to information security are leading to innovation within the information technology function.

When it comes to what not-for-profit organizations should pay their top executives, the “instructions” are not always clear or obvious.

Not-for-profit organizations that hold collections received some much-needed clarification from the Financial Accounting Standards Board (FASB) that will eliminate a diversity in practice.

Cloud updates and other technology advances have put new pressure on most technology companies—especially Software as a Service (SaaS) companies—to streamline roll-outs of updates and new product offerings.

The European General Data Protection Regulation (GDPR) might be ushering in a new age of cyber regulations.

The Tax Cuts and Jobs Act (TCJA) introduced an additional test for when sales, gross receipts, and other items of income (collectively, sales) are recognized.

Clarity is critical for implementing new accounting standards.

The Securities and Exchange Commission (SEC) cuts emerging growth companies some slack when it comes to their financial reporting requirements.

Several not-for-profit developments emerged during the first part of the year that should be on your organization’s radar.

In 2017 the Financial Accounting Standards Board issued an accounting standards update (ASU 2017-01) clarifying the definition of a business.

As not-for-profit organizations adopt the new financial statement presentation changes, they may want to take another look at their accounting for fundraising costs.

As part of our commitment to keeping you informed with the latest regulatory developments, members of our Student Financial Aid Specialty Group recently attended the Department of Education’s Federal Student Aid (FSA) conference in Atlanta.

The IRS released proposed regulations in November 2018 to provide taxpayers with guidance on applying a key tax reform provision related to business interest expense deductions.

Many touted the tax reform legislation known as the TCJA as the most significant change to the Internal Revenue Code (IRC) since the Tax Reform Act of 1986.

The improving economic conditions have created a near perfect environment for real estate over the past five years.

The Supreme Court made 2018 an incredibly exciting year for state and local taxes.

Starting in 2019, private manufacturers will be following new guidance for recognizing revenue from the contracts with their customers.

There is little question that the accounting for share-based payment awards was among the most time consuming and complex areas of U.S. GAAP.