AI’s ability to analyze vast amounts of data in real-time can help identify potential risks and enhance risk management and fraud prevention in banking.
The Financial Accounting Standards Board’s reporting requirements could create complexities for not-for-profit organizations that qualify as public entities.
Pursue tax credits, incentives, and other savings opportunities provided under the Inflation Reduction Act for clean energy and environmentally-focused initiatives.
Mergers and acquisitions for the US wine industry by China-based investors have been slow to take off. This is in part because of the Chinese domestic economy, but it’s also due to a cultural divide between how the East and West conduct business.
In this article originally published by Commercial Property Executive, we look at tax-saving strategies you can implement while the market’s experiencing an upswing to keep more of your gains and position yourself for tax efficiency down the road.
Classifying trade spend costs can be confusing, especially in a three-tier system that the wine industry follows. We cover exceptions and some tips for wineries and their distributors.
The 2014 revisions to Form 990 Schedule A contained a number of changes for tax-exempt entities, and Type I, II, and III supporting organizations will feel the greatest impact. We give an overview of the new classification tests.
IRS Announcement 2016-17 provides penalty relief for 2016 Form 1098-T, which eligible educational institutions are required to file by February 28, 2017.
Wineries and vineyards have a number of tax-planning opportunities available to them—from accounting method elections to domestic international sales corporations, farming income averaging, and more. Learn more in this Insight.
New and some existing 501(c)4 social welfare organizations can no longer self-declare exempt status using Form 990. An initial notification, user fee, and supporting information are now required.
Organizations that receive federal funds must follow new processes for procurement under the uniform guidance. In this Insight, we cover the five procurement methods as well as best practices for implementing the guidance.