Welcome to our first video series on the new revenue recognition standard – ASC Topic 606, Revenue from Contracts with Customers. In this video, we will provide you with an overview of the key concepts under each of the five steps as outlined in the standard.
The Tax Cuts and Jobs Act (TCJA) was signed into law on December 22, 2017, and we have had a full tax year, and the following tax season, to absorb the impact of the myriad of tax law changes that were the result. In response to this, many construction companies have asked if they should […]
On June 24, 2019, the President signed an executive order on Improving Price and Quality Transparency in Healthcare aimed to have insurance carriers and providers reveal the details of their pricing contracts. The idea is simple; if patients understand the price and cost of the service they seek they will make informed decisions and ultimately […]
On July 1, 2019, the Taxpayer First Act of 2019 (the “Act”) was signed into law. The law is generally intended to improve customer relations with the Internal Revenue Service (IRS). However, there are a few provisions that directly affect exempt organizations. First, the Act mandates electronic filing for all exempt organizations required to file […]
