Search Results

Article
Streamline Your Utility’s Operations and Boost Efficiency Through Collaboration
Increasing collaboration throughout your utility can improve efficiencies and bolster the strength of the organization—now and into the future. Get the details.
More
Article
How Cloud-Based Accounting Can Help You Continue Operations Remotely
Executing and recording transactions can be challenging when access to systems, offices, or approvers isn’t possible.
More
Article
Important Considerations for Calculating ASC 842 Assets and Liabilities
The new lease accounting standard, Accounting Standards Codification (ASC) 842, could affect year-end financial statements.
More
Article
California Sales and Use Tax Guidance for Not-for-Profits
Even though not-for-profits are exempt from income tax, sales and use tax may still apply in California. Learn more.
More
Article
Holistic Approaches to Construction Projects Through 3P and Contracting Strategies
3P workshops can help you envision your future facilities and design to specific concerns while using cost-saving contract language.
More
Article
R&D Tax Credit for Vineyards and Wineries Affected by Smoke Exposure
Learn how an attempt to produce 2020 vintages could benefit from an R&D tax credit after smoke exposure to grapes.
More
Article
Alternate Transaction Structures to Consider During the COVID-19 Pandemic
Learn how the economic landscape could provide opportunity for buyers to benefit from purchasing assets while still allowing sellers to sell stock.
More
Article
Export Activity Incentives: Comparing IC-DISC and FDII
C corporations that have an IC-DISC may also qualify for FDII. Compare incentives and learn how deductions could interplay.
More
Article
Interim IRS Guidance Clarifies Qualified Transportation Fringe Benefits for Not-for-Profit Organizations
The IRS announced it intends to issue proposed regulations clarifying Unrelated Business Taxable Income from qualified transportation fringe benefits. Get the details.
More
Alert
IRS to Waive Underpayment Tax Penalties for Select Taxpayers Due to Tax Reform Changes
The IRS is waiving underpayment tax penalties for select taxpayers. Learn if you’re qualified for the waiver and how the changes may benefit you.
More
Article
Possible Audit Changes Coming to Tax-Exempt Organizations that are Partnership Members
Learn about key changes to the way tax-exempt organizations that are members of a partnership are audited—and how to prepare.
More
Alert
OMB Accepts Department of Education’s Changes to Foreign Gift Reporting
Discover major changes in foreign gift reporting requirements that are effective starting with the July 31, 2020, reporting deadline.
More
Alert
CMS Publishes FY 2021 Hospital Inpatient Prospective Payment System Proposed Rule
Learn about CMS’s fiscal year 2021 proposed rule for inpatient prospective payments, including key changes, public-comment deadlines, and more.
More
Alert
IRS Issues Guidance for NOL Carrybacks by Tax-Exempt Organizations
Not-for-profits can now carry back siloed net operating losses (NOLs) to offset unrelated business taxable income (UBTI).
More
Article
How the USDA Coronavirus Food Assistance Program Can Benefit Agribusinesses
Agricultural commodity producers could seize financial assistance with this relief opportunity. Learn more details.
More
Article
COVID-19 and Higher Education: FAQs on Tax Deadlines and Deferred Payments
Get answers to 10 common questions about deferred tax deadlines and how they apply to higher education institutions.
More
Alert
FASB Votes to Defer Revenue Recognition and Leases Effective Dates
The board voted to defer Topic 606 and Topic 842 effective dates and expanded the scope of the proposal.
More
Alert
GASB Defers Effective Dates of Major Statements due to COVID-19
The GASB amends effective dates for Leases and Fiduciary Activities, among other statements.
More
Article
COVID-19 and Higher Education: FAQs for Changes to Financial Statement Disclosures
Higher education institutions may need to provide enhanced disclosures in their financial statements. Get the details.
More
Alert
Oregon Tax Court Retroactively Applies Wayfair in E911 Tax Decision
South Dakota vs. Wayfair  was applied in the Oregon Tax Court’s decision on the E911 Tax; learn how it continues to impact the effects of Wayfair.
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.