This explanation is a follow-up to an article that was included in our February 2014 Newsletter. The previous article provided a brief summary of some of the issues related to unclaimed and abandoned property (UAP). In this article, we will look specifically at the treatment of gift cards in 3 states –
On August 18, 2011, The Centers for Medicare and Medicaid Services (CMS) published the Medicare inpatient prospective payment system (IPPS) final rule in the Federal Register. Within this document, CMS finalized two distinct policies related to the measurement of defined benefit pension plan costs (pension costs) for both Medicare cost-finding and the wage index.
In August 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-15, Presentation of Financial Statements- Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.
The Financial Accounting Standards Board (FASB) has proposed significant changes not only in accounting for loan losses but also for debt securities, troubled debt restructurings and purchased loans.
(And Must Register Within 30 Days of Receiving a Notice from Maine Revenue Services!) This article will be delivered to you electronically, and most of you are reading an electronic version of it, rather than a printout. As I type this, I’m staring into the middle of three monitors, and
As another year nears its end, we are reminded that it is time to contemplate year-end individual tax planning strategies. Projecting your current year tax liability allows us to seek opportunities to reduce that burden. Planning for that liability also allows us to identify your cash flow needs well in advance of April 2015.
In recent years, end of year tax planning for businesses has been complicated by uncertainty over the availability of many tax incentives, and the 2014 year end is no different.