Tax Update – IRS Relief for Incorrect RMD Statements
In light of the SECURE Act signed by President Trump in December 2019, the IRS has issued Notice 2020-6, which provides guidance to financial institutions
January 29, 2020
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- Industry Updates
- News Releases
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Compliance Update, First Quarter 2023
Changes to Home Mortgage Disclosure Act (HMDA)’s Closed-end Loan Reporting Threshold On September 23, 2022, ...
Read More →
Tax Update – Tax Deduction for Business Meals Back to 50 Percent Beginning January 1, 2023
The Consolidated Appropriations Act of 2021 (the “Act”) temporarily increased the allowable tax deduction for ...
Read More →
Tax Update – Pennsylvania Requires Electronic Tax Payments for Amounts Greater than $15,000
Any individual who expects to receive more than $8,000 of Pennsylvania-taxable income not subject to ...
Read More →
Tax Update – Pennsylvania e-Tides Completely Replaced by New myPATH Online Services
Starting November 30, 2022, the Pennsylvania Department of Revenue (DOR) online system, e-TIDES, will be ...
Read More →
Compliance Update, Fourth Quarter 2022
Supervisory Guidance on Multiple Re-Presentment Non-Sufficient Funds (NSF) Fees The Federal Deposit Insurance Corporation (FDIC) ...
Read More →
Tax Update – Inflation Reduction Act of 2022 Passed – Includes Stock Buyback Excise Tax and Corporate AMT
On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the “IRA”) ...
Read More →
Tax Update – SECURE Act Provides Significant Retirement Plan Changes
In December 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), which contains several significant changes to the tax
January 27, 2020
Nonprofit Update – Takeaways from the Taxpayer Certainty and Disaster Tax Relief Act
On December 20, 2019, President Trump signed the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (the Act). Here are the Act’s major takeaways
January 17, 2020
IT Update – New FFIEC Business Continuity Management Booklet
In November 2019, the Federal Financial Institutions Examination Council (FFIEC) released its Business Continuity Management (BCM) booklet, which is one of 11 booklets within the
January 3, 2020
A&A Update – SEC Proposes Overhaul of Guide 3 Disclosures for Banks and Savings and Loans Institutions
On September 17, 2019, the Securities and Exchange Commission (SEC) issued a proposal to revise the disclosures currently required under Guide 3, Statistical Disclosure by
October 9, 2019
A&A Update – FDIC Issues Final Rule for Community Bank Leverage Ratio
On September 17, 2019, the Federal Deposit Insurance Corporation issued its final rule for the new Community Bank Leverage Ratio (CBLR). The new capital ratio
October 1, 2019
FASB Votes to Delay CECL Implementation Dates for Certain Companies
During FASB’s meeting on July 17, 2019, the FASB discussed the implementation dates of certain accounting standards for private companies, not-for-profit organizations (including credit unions),
July 17, 2019
A&A Update – Proposed Amendments to Sarbanes Oxley 404(b) Accelerated Filer Definition
On Thursday, May 9, 2019, the U.S. Securities and Exchange Commission (SEC) voted to issue a proposal that would provide significant relief to many public
May 10, 2019
Guide to Presentation and Disclosure Under ASC Topic 842
Effective on January 1, 2019, calendar-year public business entities adopted the Financial Accounting Standard Board (FASB)’s Accounting Standards Update (ASU) 2016-02, Leases (Topic 842), including
April 3, 2019
Nonprofit Update – What’s Your Game Plan?
What’s Your Game Plan for Tackling Changes to Nonprofit Reporting and Tax Compliance? If you’re a sports fan, or maybe even if you aren’t, you
February 5, 2019
Most Popular:
Resources
- All
- Articles
- Industry Updates
- News Releases
- Nonprofit Resources
- Podcast
- Presentations
- Tax Preparation and Planning
- Video Industry Updates
- White Papers
Compliance Update, First Quarter 2023
Changes to Home Mortgage Disclosure Act (HMDA)’s Closed-end Loan Reporting Threshold On September 23, 2022, ...
Read More →
Tax Update – Tax Deduction for Business Meals Back to 50 Percent Beginning January 1, 2023
The Consolidated Appropriations Act of 2021 (the “Act”) temporarily increased the allowable tax deduction for ...
Read More →
Tax Update – Pennsylvania Requires Electronic Tax Payments for Amounts Greater than $15,000
Any individual who expects to receive more than $8,000 of Pennsylvania-taxable income not subject to ...
Read More →
Tax Update – Pennsylvania e-Tides Completely Replaced by New myPATH Online Services
Starting November 30, 2022, the Pennsylvania Department of Revenue (DOR) online system, e-TIDES, will be ...
Read More →
Compliance Update, Fourth Quarter 2022
Supervisory Guidance on Multiple Re-Presentment Non-Sufficient Funds (NSF) Fees The Federal Deposit Insurance Corporation (FDIC) ...
Read More →
Tax Update – Inflation Reduction Act of 2022 Passed – Includes Stock Buyback Excise Tax and Corporate AMT
On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the “IRA”) ...
Read More →
Tax Update – IRS Relief for Incorrect RMD Statements
In light of the SECURE Act signed by President Trump in December 2019, the IRS has issued Notice 2020-6, which provides guidance to financial institutions
January 29, 2020
Tax Update – SECURE Act Provides Significant Retirement Plan Changes
In December 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), which contains several significant changes to the tax
January 27, 2020
Nonprofit Update – Takeaways from the Taxpayer Certainty and Disaster Tax Relief Act
On December 20, 2019, President Trump signed the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (the Act). Here are the Act’s major takeaways
January 17, 2020
IT Update – New FFIEC Business Continuity Management Booklet
In November 2019, the Federal Financial Institutions Examination Council (FFIEC) released its Business Continuity Management (BCM) booklet, which is one of 11 booklets within the
January 3, 2020
A&A Update – SEC Proposes Overhaul of Guide 3 Disclosures for Banks and Savings and Loans Institutions
On September 17, 2019, the Securities and Exchange Commission (SEC) issued a proposal to revise the disclosures currently required under Guide 3, Statistical Disclosure by
October 9, 2019
A&A Update – FDIC Issues Final Rule for Community Bank Leverage Ratio
On September 17, 2019, the Federal Deposit Insurance Corporation issued its final rule for the new Community Bank Leverage Ratio (CBLR). The new capital ratio
October 1, 2019
FASB Votes to Delay CECL Implementation Dates for Certain Companies
During FASB’s meeting on July 17, 2019, the FASB discussed the implementation dates of certain accounting standards for private companies, not-for-profit organizations (including credit unions),
July 17, 2019
A&A Update – Proposed Amendments to Sarbanes Oxley 404(b) Accelerated Filer Definition
On Thursday, May 9, 2019, the U.S. Securities and Exchange Commission (SEC) voted to issue a proposal that would provide significant relief to many public
May 10, 2019
Guide to Presentation and Disclosure Under ASC Topic 842
Effective on January 1, 2019, calendar-year public business entities adopted the Financial Accounting Standard Board (FASB)’s Accounting Standards Update (ASU) 2016-02, Leases (Topic 842), including
April 3, 2019
Nonprofit Update – What’s Your Game Plan?
What’s Your Game Plan for Tackling Changes to Nonprofit Reporting and Tax Compliance? If you’re a sports fan, or maybe even if you aren’t, you
February 5, 2019
Most Popular:
Resources
- All
- Articles
- Industry Updates
- News Releases
- Nonprofit Resources
- Podcast
- Presentations
- Tax Preparation and Planning
- Video Industry Updates
- White Papers
Compliance Update, First Quarter 2023
Changes to Home Mortgage Disclosure Act (HMDA)’s Closed-end Loan Reporting Threshold On September 23, 2022, ...
Read More →
Tax Update – Tax Deduction for Business Meals Back to 50 Percent Beginning January 1, 2023
The Consolidated Appropriations Act of 2021 (the “Act”) temporarily increased the allowable tax deduction for ...
Read More →
Tax Update – Pennsylvania Requires Electronic Tax Payments for Amounts Greater than $15,000
Any individual who expects to receive more than $8,000 of Pennsylvania-taxable income not subject to ...
Read More →
Tax Update – Pennsylvania e-Tides Completely Replaced by New myPATH Online Services
Starting November 30, 2022, the Pennsylvania Department of Revenue (DOR) online system, e-TIDES, will be ...
Read More →
Compliance Update, Fourth Quarter 2022
Supervisory Guidance on Multiple Re-Presentment Non-Sufficient Funds (NSF) Fees The Federal Deposit Insurance Corporation (FDIC) ...
Read More →
Tax Update – Inflation Reduction Act of 2022 Passed – Includes Stock Buyback Excise Tax and Corporate AMT
On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the “IRA”) ...
Read More →
Tax Update – IRS Relief for Incorrect RMD Statements
In light of the SECURE Act signed by President Trump in December 2019, the IRS has issued Notice 2020-6, which provides guidance to financial institutions
January 29, 2020
Tax Update – SECURE Act Provides Significant Retirement Plan Changes
In December 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), which contains several significant changes to the tax
January 27, 2020
Nonprofit Update – Takeaways from the Taxpayer Certainty and Disaster Tax Relief Act
On December 20, 2019, President Trump signed the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (the Act). Here are the Act’s major takeaways
January 17, 2020
IT Update – New FFIEC Business Continuity Management Booklet
In November 2019, the Federal Financial Institutions Examination Council (FFIEC) released its Business Continuity Management (BCM) booklet, which is one of 11 booklets within the
January 3, 2020
A&A Update – SEC Proposes Overhaul of Guide 3 Disclosures for Banks and Savings and Loans Institutions
On September 17, 2019, the Securities and Exchange Commission (SEC) issued a proposal to revise the disclosures currently required under Guide 3, Statistical Disclosure by
October 9, 2019
A&A Update – FDIC Issues Final Rule for Community Bank Leverage Ratio
On September 17, 2019, the Federal Deposit Insurance Corporation issued its final rule for the new Community Bank Leverage Ratio (CBLR). The new capital ratio
October 1, 2019
FASB Votes to Delay CECL Implementation Dates for Certain Companies
During FASB’s meeting on July 17, 2019, the FASB discussed the implementation dates of certain accounting standards for private companies, not-for-profit organizations (including credit unions),
July 17, 2019
A&A Update – Proposed Amendments to Sarbanes Oxley 404(b) Accelerated Filer Definition
On Thursday, May 9, 2019, the U.S. Securities and Exchange Commission (SEC) voted to issue a proposal that would provide significant relief to many public
May 10, 2019
Guide to Presentation and Disclosure Under ASC Topic 842
Effective on January 1, 2019, calendar-year public business entities adopted the Financial Accounting Standard Board (FASB)’s Accounting Standards Update (ASU) 2016-02, Leases (Topic 842), including
April 3, 2019
Nonprofit Update – What’s Your Game Plan?
What’s Your Game Plan for Tackling Changes to Nonprofit Reporting and Tax Compliance? If you’re a sports fan, or maybe even if you aren’t, you
February 5, 2019