Implementing the Lease Standard: Things to Remember
The new lease standard has brought about a lot of changes. In this blog post, we will discuss some of the most important things to remember when implementing ASC 842. We'll also provide a checklist of tasks that should be completed in order to ensure compliance with the new lease standard.
PBMares LLP Acquires the Wilmington, N.C., Office of RSM US LLP
PBMares, LLP is expanding its footprint in North Carolina with the acquisition of the Wilmington, N.C., office of RSM US LLP (RSM). As of Dec. 2, 2022, PBMares acquired substantially all the assets of RSM’s Wilmington location, and the Wilmington team is now serving clients as PBMares.
UBIT Primer for Exempt Organizations
Exempt organizations may be subject to extra taxes on certain income-generating activities. Many don’t fully understand the rules on unrelated business income, and could be unknowingly putting their organization at risk with the IRS.
What Is the Interest Rate’s Impact on Residential Real Estate?
Rising interest rates and inflation are impacting the residential housing market, but to what degree? The market is volatile and uncertain in every sector from existing and new homes and home improvement to multi-family construction.
Surveillance Survival – Responding to a Government Audit
Every few years, we reach out relative to the importance of a government contractors’ response to audits performed by the Defense Contract Audit Agency (DCAA), the Defense Contract Management Agency (DCMA), the Department of Labor (DOL) or, for that matter, any other government audit function.
Webinar Recording | Pass-Through Entity Tax: A New Frontier in State Taxation
Watch the recording from our December 7th webinar for insights on the Pass-Through Entity Tax (PTET), an optional state income tax that Pass-Through Entity taxpayers may elect to use.