December 9, 2018 in Construction & Real Estate
Reducing Losses, Managing Risks
December 9, 2018 Reducing Losses, Managing Risks Our previous News Brief discussed the risks of fraud and how prevalent it is in the construction industry. As a follow-up, this article…
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November 1, 2018 in Audit & Accounting, Construction & Related Services, General, Healthcare, Manufacturing & Distribution, News Archive, Recent News & Events, Retail
Changes to the Requirement for Consolidating VIEs
November 1, 2018 Changes to the Requirement for Consolidating VIEs By Linda Marie Pearson, CPA, CFE, Principal FASB has just amended the FASB Accounting Standards Codification (ASC) related to the…
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October 30, 2018 in Construction & Related Services
Study Shows Controls Can Reduce Losses
Study Shows Controls Can Reduce Losses None of us like to think that our own employees could steal from the company, but the risk of fraud is an unfortunate fact…
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June 27, 2018 in Construction & Related Services, Recent News & Events
Build Value for a Successful Exit
June 27, 2018 Build Value for a Successful Exit? Succession planning can present a formidable challenge for principals in privately held construction companies. This is especially true if there are…
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June 25, 2018 in Construction & Related Services, Healthcare, Manufacturing & Distribution, Professional Services, Recent News & Events, Retail, Tax Consulting & Compliance
Third Quarter 2018: Key Deadlines for Businesses
June 25, 2018 Third Quarter 2018: Key Deadlines for Businesses 2018 Q3 Tax Calendar Here are some of the key tax-related deadlines affecting businesses and other employers for reporting second…
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May 21, 2018 in Construction & Related Services, Recent News & Events
Reviewing Asset Protection
May 21, 2018 Reviewing Asset Protection Good Insurance Is Just the Beginning For many contractors, any discussion about asset protection revolves primarily around various types of insurance. While insurance is…
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April 9, 2018 in Construction & Related Services, Recent News & Events
The Tax Reform Act: An Overview of Provisions Affecting Contractors
April 9, 2018 The Tax Reform Act: An Overview of Provisions Affecting Contractors The Tax Cuts and Jobs Act signed into law in late December has been described as the…
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February 15, 2018 in Audit & Accounting, Construction & Related Services, Manufacturing & Distribution, Professional Services, Recent News & Events
FASB Improves Accounting Related to the Tax Cuts & Jobs Act
February 15, 2018 FASB Improves Accounting Related to the Tax Cuts & Jobs Act The Financial Accounting Standards Board (FASB) addressed an accounting issue created by the Tax Cuts &…
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January 19, 2018 in Construction & Related Services, Recent News & Events
January 2018 Construction News Brief – Disaster Recovery Plan
January 19, 2018 January 2018 Construction News Brief - Disaster Recovery Plan Lessons from 2017: Disaster Recovery and Business Continuity Planning With hurricanes, floods, wildfires and other natural disasters, the…
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January 17, 2018 in Construction & Related Services, General, Manufacturing & Distribution, Professional Services, Recent News & Events
The Value of the Governor’s Workforce Training Grants
January 17, 2018 The Value of the Governor's Workforce Training Grants By Michael DeCataldo, CPA/PFS, CFP®, MST, Managing Partner As the business climate continually changes, companies often need to train…
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October 5, 2017 in Audit & Accounting, Construction & Related Services, Healthcare, Manufacturing & Distribution, Not-for-Profits, Recent News & Events, Retail
Delayed Implementation Date for Some
October 5, 2017 Delayed Implementation Date for Some The Financial Accounting Standards Board issued Accounting Standards Update (ASU) No. 2017-13, Revenue Recognition (Topic 605), Revenue from Contracts with Customers (Topic…
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August 10, 2017 in Audit & Accounting, Construction & Related Services, Healthcare, Manufacturing & Distribution, Not-for-Profits, Professional Services, Recent News & Events, Retail
AICPA Addresses Three Revenue Recognition Implementation Issues
August 10, 2017 AICPA Addresses Three Revenue Recognition Implementation Issues By Andrew de Labry, CPA In May 2014 the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09,…
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January 20, 2017 in Audit & Accounting, Construction & Related Services, General, Healthcare, Manufacturing & Distribution, Not-for-Profits, Professional Services, Recent News & Events, Retail
FASB Proposes to Simplify the Classification of Debt
January 20, 2017 FASB Proposes to Simplify the Classification of Debt By Linda Marie Pearson, CPA, CFE On January 10, 2017, FASB issued an exposure draft to simplify the…
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January 19, 2017 in Audit & Accounting, Construction & Related Services, General, Manufacturing & Distribution, Not-for-Profits, Recent News & Events, Retail
FASB Focuses on Inventory Disclosures
January 19, 2017 FASB Focuses on Inventory Disclosures By Linda Marie Pearson, CPA, CFE, Principal On January 10, 2017, FASB issued an exposure draft to change the disclosure requirements of…
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July 28, 2016 in Business Services & Solutions, Construction & Related Services, General, Healthcare, Manufacturing & Distribution, Not-for-Profits, Professional Services, Recent News & Events, Retail, Tax Consulting & Compliance
Potential Payroll Tax Savings for RI Employers
July 28, 2016 Potential Payroll Tax Savings for RI Employers By David Gobeille, Tax Partner It appears that Rhode Island will have a sufficient level of reserves in our…
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June 23, 2016 in Business Services & Solutions, Construction & Related Services, General, Healthcare, High Net-Worth Individuals, Manufacturing & Distribution, Professional Services, Recent News & Events, Tax Consulting & Compliance
Can Partners Be Considered Employees?
June 23, 2016 Can Partners Be Considered Employees? Not according to the IRS. Last month, the IRS issued temporary regulations T.D. 9766 clarifying the employment tax treatment of partners in…
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May 26, 2016 in Audit & Accounting, Business Services & Solutions, Construction & Related Services, Healthcare, Manufacturing & Distribution, Not-for-Profits, Professional Services, Recent News & Events, Retail
Accounting for Goodwill to Change
May 26, 2016 Accounting for Goodwill to Change By Linda Marie Pearson, CPA, CFE Does your entity have goodwill on its balance sheet? If so, a change simplifying the accounting…
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May 19, 2016 in Audit & Accounting, Business Services & Solutions, Construction & Related Services, General, Healthcare, Manufacturing & Distribution, Professional Services, Recent News & Events, Retail
The Overtime Rule
May 19, 2016 The Overtime Rule By Linda Marie Pearson, CPA, CFE On May 18, 2016, the U.S. Department of Labor (DOL) published final regulations defining those employees exempt…
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March 14, 2016 in Business Services & Solutions, Construction & Related Services, Financial Planning & Wealth Management, General, Healthcare, High Net-Worth Individuals, Manufacturing & Distribution, Not-for-Profits, Professional Services, Recent News & Events, Retail, Tax Consulting & Compliance
Tax Scam Notification
March 14, 2016 Tax Scam Notification The Rhode Island Division of Taxation has cautioned Rhode Island businesses owners about a scam in which individuals claim to be collections agents of…
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March 8, 2016 in Audit & Accounting, Construction & Related Services, General, Healthcare, Manufacturing & Distribution, Not-for-Profits, Professional Services, Recent News & Events, Retail
Changes to Lease Recognition
March 8, 2016 Changes to Lease Recognition By Linda Marie Pearson, CPA, CFE Financial Accounting Standards Board (FASB) has just amended the FASB Accounting Standards Codification (ASC) related to leases.…
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January 18, 2016 in Audit & Accounting, Construction & Related Services, General, Healthcare, Manufacturing & Distribution, Not-for-Profits, Professional Services, Recent News & Events, Retail
Executive Sessions: What They Are and Why You Should Have Them
January 18, 2016 Executive Sessions: What They Are and Why You Should Have Them By Linda Marie Pearson, CPA, CFE A private conversation among board members seems to contradict the…
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November 23, 2015 in Audit & Accounting, Construction & Related Services, General, Healthcare, Manufacturing & Distribution, Professional Services, Recent News & Events, Retail
FASB Simplifies Balance Sheet Presentation of Deferred Taxes
November 23, 2015 FASB Simplifies Balance Sheet Presentation of Deferred Taxes FASB issues Accounting Standards Update (ASU) No. 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes simplifying…
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October 15, 2015 in Construction & Related Services, General, Healthcare, Manufacturing & Distribution, Not-for-Profits, Professional Services, Recent News & Events, Retail, Tax Consulting & Compliance
Tax Incentives May Benefit Your Business
October 15, 2015 Tax Incentives May Benefit Your Business Rhode Island offers a number of tax incentive programs to the employers of this state. There may be something of value…
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October 14, 2015 in Construction & Related Services, General, Healthcare, Manufacturing & Distribution, Professional Services, Recent News & Events, Retail
ACA Reporting Will Be Required for the 2015 Year
October 14, 2015 ACA Reporting Will Be Required for the 2015 Year What should you be prepared to file? Year-end 2015 will bring new reporting requirements for employers for the…
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September 1, 2015 in Audit & Accounting, Construction & Related Services, Healthcare, Manufacturing & Distribution, Not-for-Profits, Recent News & Events
Proposed Change to Revenue Recognition Standard
September 1, 2015 Proposed Change to Revenue Recognition Standard By Linda Marie Pearson, CPA, CFE The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) to…
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July 15, 2015 in Audit & Accounting, Construction & Related Services, General, Healthcare, Manufacturing & Distribution, Not-for-Profits, Professional Services, Recent News & Events, Retail
Revenue Recognition Rules Delayed
July 15, 2015 Revenue Recognition Rules Delayed FASB Votes to Delay Implementation of Revenue Recognition Rules At a meeting held on July 9, 2015, FASB voted to approve a one-year…
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May 27, 2015 in Construction & Related Services, Employee Benefit Plans, Healthcare, Manufacturing & Distribution, Not-for-Profits, Professional Services, Recent News & Events, Retail
Your Company’s Retirement Plan – Things to Consider
May 27, 2015 Your Company’s Retirement Plan – Things to Consider As beneficial as it may be to you and your employees, sponsoring a tax-qualified retirement plan is not without…
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April 2, 2015 in Audit & Accounting, Construction & Related Services, General, Healthcare, Manufacturing & Distribution, Not-for-Profits, Professional Services, Recent News & Events, Retail
FASB Agrees to Delay Implementation of Revenue Recognition Rules
April 2, 2015 FASB Agrees to Delay Implementation of Revenue Recognition Rules At a meeting held on April 1, 2015, FASB verbally agreed to delay the required effective date of…
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