Newburg | CPA Tax Brief March 23, 2022 Summary The FASB issued ASU 2021-07[1] (“Update”) to address the concerns from stakeholders about the cost and complexity of determining the fair value of equity-classified share-based awards for private companies. It specifically permits private companies to use 409A valuations prepared under [...]
Newburg | CPA Tax Brief March 17, 2022 If charitable giving is important to you, consider a donor-advised fund (DAF). A DAF — typically sponsored and managed by a community foundation or commercial investment company — offers many of the benefits of a private foundation at a fraction of [...]
Newburg | CPA Tax Brief March 8, 2022 Introduction If you’re a technology company founder or CEO, chances are good that you receive a number of messages from private equity (PE) firms interested in acquiring your business on a regular basis. Among the many emails may be the perfect [...]
Newburg | CPA Tax Brief March 3, 2022 If you donated to charity last year, letters from the charities may have appeared in your mailbox recently acknowledging the donations. But what happens if you haven’t received such a letter — can you still claim a deduction for the gift [...]
Newburg | CPA Staff Writers February 24, 2022 If you operate a business, or you’re starting a new one, you know you need to keep records of your income and expenses. Specifically, you should carefully record your expenses in order to claim all of the tax deductions to which [...]
Newburg | CPA Staff Writers David R. Natan, CPA, MST, CVA -- February 14, 2022 Avoiding surprises when acquiring a company should be tantamount in the eyes of the buyer. One of the keys to a successful acquisition is the integration of the Net Working Capital Peg not [...]
Newburg | CPA Tax Brief (02/11/2022)Newburg | CPA Staff Writer - David R. Natan, CPA, MST, CVA -- February 4, 2022During an acquisition, buyers need to be extra careful when reviewing interim internal accrual based financial statements for completeness and accuracy. Quite often the application of the more popular [...]
Newburg | CPA Tax Brief (01/25/2022) Do Not Forget the Expanded Retirement Plan Deadlines and Startup Costs Tax Credit Newburg | CPA Staff Writers- January 21, 2022 (with excerpts from IRS.gov) SECURE Act Retirement Plan Deadline Changes A significant retirement plan change that occurred with The SECURE [...]
Newburg | CPA Tax Brief (02/11/2022) Newburg | CPA Staff Writer – David R. Natan, CPA, MST, CVA — February 4, 2022 During an acquisition, buyers need to be extra careful when reviewing interim internal accrual based financial statements for completeness and accuracy. Quite often the application of the [...]
Newburg | CPA Tax Brief (01/17/2022) A primary purpose of estate planning is to ensure that your wealth is distributed according to your wishes after you die. But if a family member challenges the plan, that purpose may be defeated. If the challenge is successful, a judge will decide [...]
