Search Results

Alert
FASB Releases New Guidance on Financial Instruments
New FASB guidance enhances the reporting model for financial instruments in hopes of making information more useful to financial statement users. FASB reporters should evaluate the potential impact and potential benefits of early adoption.
More
Article
Not-for-Profit Reporting Series: Improvements for Net Asset Classifications
A FASB update will improve the financial reporting requirements of not-for-profit entities. We explain what this means for net asset reporting.
More
Article
Penalty Relief for Form 1098-T
IRS Announcement 2016-17 provides penalty relief for 2016 Form 1098-T, which eligible educational institutions are required to file by February 28, 2017.
More
Alert
New Federal Tax Due Date Changes: Here’s What You Need to Know
New federal tax due date changes for the 2016 filing season will most significantly impact partnerships and corporations. More details in our Alert.
More
Article
IRS Issues Final Regulations for Program-Related Investments
Final regulations issued by the IRS on program-related investments provide amended guidance for private foundations. These changes were highly anticipated and make the process of investing easier.
More
Alert
April 30 Deadline for Washington State’s Required Annual Tax Incentive Surveys and Reports
Washington State requires companies that claimed certain state tax incentives to file annual reports or surveys each year. If you claimed any of these incentives in 2015, your survey or report is due April 30, 2016.
More
Article
Private Companies Can Benefit from Adopting Simplified Accounting Standards
Discover how simplified accounting standards can decrease the cost and complexity of certain reporting requirements for your private company.
More
Article
Transitioning Ownership of Your Health Care Organization
Follow these steps to help clarify your organization’s objectives and set the stage for a more successful M&A transaction process.
More
Article
Trump Administration Unveils New Tax Reform Plan to Lower Business Taxes and Simplify the Tax Code
The Trump administration’s new tax plan aims to simplify the tax code and reduce business taxes. Here’s what we know about it so far.
More
Article
Provide Input to GASB on Changes to the Governmental Fund Financial Statements Reporting Model
Provide input on alternative recognition approaches under review in the GASB’s reporting model project for governmental fund financial statements.
More
Alert
GASB Issues Invitation to Comment on Financial Reporting Model and Final Guidance on Reporting for Fiduciary Activities
The GASB issued an invitation to comment for input on the financial reporting model used to prepare governmental financial statements.
More
Alert
Final R&D Tax Credit Regulations Lift Eligibility Requirements for Software Development
Final regulations defining internal use software may allow more software development activities to qualify for the credit. Read the Alert.
More
Alert
Taxpayers Can Revisit Application of Tangible Property Regulations on 2016 Returns
Taxpayers that haven’t fully implemented the final tangible property regulations into tax accounting procedures can use a waiver extension.
More
Article
Year-End Tax Reform, State and Local Tax Strategies, and R&D Tax Credits for Tech, Life Sciences, and Communications Companies
Our 2017 Q4 update covers potential tax reform changes, state and local tax strategies, applying for the R&D payroll tax credit, and more.
More
Alert
IRS Clarifies Deductions for Home Equity Loans Are Mostly Unchanged with Tax Reform
The IRS clarified that deductions for home equity loans, credit, and second mortgages are mostly unchanged with tax reform.
More
Article
National Credit Union Administration Approves Distribution of $735.7 Million to Eligible Financial Institutions to be Paid in 3rd Quarter 2018
On February 15, the National Credit Union Association approved distribution of $735.7 million to eligible credit unions to be paid during 3rd Quarter 2018. Our Insight has the details.
More
Alert
Republican Tax Reform Proposal Would Significantly Change Tax Rules for Businesses and Individuals
President Trump and Republican congressional leaders have released an outline of their tax reform plan to cut tax rates and simplify the tax code.
More
Article
What Tribes and Their Enterprises Need to Know About GASB’s New Statement on Fiduciary Activities
Learn how tribes and their enterprises are affected by the GASB’s new statement on fiduciary activities in the first of a two-part series.
More
Alert
Seattle City Council Passed Legislation Imposing a 2.25% Income Tax on Select Residents
Seattle City Council passes legislation that imposes a 2.25% income tax on select residents and certain trusts. Learn if it applies to you.
More
Alert
File Unclaimed Property Reports by November 1 to Avoid Costly Penalties
Many states have a November 1 filing deadline for unclaimed property reports. Learn where to file and why it’s so important.
More

Baker Tilly US, LLP, Baker Tilly Advisory Group, LP and Moss Adams LLP and their affiliated entities operate under an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly Advisory Group, LP and its subsidiaries, and Baker Tilly US, LLP and its affiliated entities, trading as Baker Tilly, are members of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. Baker Tilly US, LLP and Moss Adams LLP are licensed CPA firms that provide assurance services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and consulting services to their clients and are not licensed CPA firms. ISO certification services offered through Baker Tilly Certifications LLC. Investment advisory offered through either Moss Adams Wealth Advisors LLC or Baker Tilly Wealth Management, LLC.