General

Tax-Related ACA Provisions Refresher

Now that the bill to repeal and replace the Affordable Care Act (ACA) has been at least temporarily withdrawn and it’s uncertain whether there will be any other health care reform legislation this year, it’s a good time to review some of the tax-related ACA provisions affecting businesses: ...

2017 April News in Review

2017 April News in Review for website

Sansiveri’s 2017 April News in Review is a summary of news, events and links that we shared throughout the month of March. Just in case you missed an earlier post or email, this issue includes information about three developments to watch with Captive Insurance; a look at transefering business...

Strange notice from the MA Dept. of Revenue?

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Have you received a strange notice from the MA Dept. of Revenue? Please note that a number of taxpayers have received incorrect notices from the Massachusetts DOR. We have been in contact with the MA Society of CPA’s and they are aware of the issue and have been...

2017 March News in Review

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Sansiveri’s 2017 March News in Review is a summary of news, events and links that we shared throughout the month of February. Just in case you missed an earlier post or email, this issue includes information about the Sir-Tax Blog on R&D Tax Credits; rethinking not-for-profit financial reporting; five...

2017 February News in Review

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Sansiveri’s 2017 February News in Review is a summary of news, events and links that we shared throughout the month of January. Just in case you missed an earlier post or email, this issue includes information about David Lichtenstein's New Blog: Sir-Tax; how new lease accounting rules may affect...

Amazon Makes Friends With the RI Division of Taxation

Online Shopping

Just what is use tax? -by David Lichtenstein. CPA, MST You know that silly question that your accountant asks you every year about out-of-state or online purchases that you made, which may be subject to Rhode Island use tax? Cue the sound of crickets chirping. Well, let me briefly and...

Introducing Sir-Tax

Dave L

THIS JUST IN: RHODE ISLAND CPA DAVID LICHTENSTEIN HAS EPIPHANY: STARTS TAX BLOG (SIR-TAX) DURING TAX SEASON! The Five Most Common New Year's Resolutions: • Exercise (I personally like to add a few pounds to keep warm in the winter.) • Eat healthy (Doesn't pizza contain all the major...

FASB Proposes to Simplify the Classification of Debt

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by Linda Marie Pearson, CPA, CFE On January 10, 2017, FASB issued an exposure draft to simplify the classification of debt in a classified balance sheet (current versus noncurrent). The amendments in this proposed Update will replace the current, fact-specific guidance with “an overarching, cohesive principle” – the...