Insightsstream of knowledge
Anchin is excited for its annual fireside chat between Michael Belfer, CPA, CGMA and Rick Gould, CPA, J.D. on the current landscape of the PR industry, including the results of the 2018 Best Practices Benchmarking Survey, the changing dynamics of PR firms and the top 10 trends in PR. Read More
Accounting for leases has always been a complex area and has undergone significant changes with the release of the Financial Accounting Standard Board’s (FASB) new leasing standard back in April 2016, which will now require most operating leases of lessees to be placed on the balance sheet as a liability. Read More
Even the biggest industry players were once emerging brands. It is a success story that we have seen time and time again, yet no two cases are quite the same. In our years of work with emerging brands, certain themes have presented themselves, and while your goals are unique to you, you may be able to benefit from some of these lessons learned. Read More
- The OCIE Lays Out Six Examination Priorities for 20191/11/2019
Every year, the SEC’s Office of Compliance Inspections and Examinations (OCIE) publishes a report listing their priorities for upcoming examinations. For 2019, they will focus their attention on six categories.
- Anchin Webinar: Everything You Need to Know About the New Opportunity Zone Funds featuring the Latest Guidance1/10/2019
In this recorded webinar, Anchin assembled a panel of professionals to discuss everything you need to know about the new Opportunity Zone Funds featuring the latest guidance.
- 2018 Financial Services Year-End Tax Planning Alert12/19/2018
With the passage of the Tax Cuts & Jobs Act (the “Tax Act”) in December of 2017, the impact on funds, their owners/managers and investors has been anything but clear. The Tax Act was rushed into law, is extremely complex and still has many unanswered questions to unclear sections of the new law. However, unlike last year at this time, we do not foresee any new tax legislation before year-end 2018 nor is it clear that guidance or technical corrections will be forthcoming to address some of the open questions affecting funds, fund managers and their investors.
- INSIGHT: Save Money While Fighting Cyberattacks12/12/2018
The Research and Development tax credit is a U.S. business incentive offered to companies that experiment with emerging technologies, including cybersecurity solutions. The article offers guidance related to this section of the tax code and highlights the types of core business activities that can qualify for this generous credit.
- Fringe Benefits That May Affect Your Payroll Reporting and Tax Withholding11/15/2018
If any of these items apply to your company, please provide a copy to the person responsible for overseeing your payroll tax operations. Please don't hesitate to call us if you have any questions.
- A Tactical Approach to R&D Tax Credits for Defense Contractors11/12/2018
The purpose of this article is to help private military defense contractors obtain a better understanding of the federal R&D tax credit and how it may help enable military defense innovations. This article also explores recent defense innovations for land, air, sea, cyberspace, and outer space threats and how the federal R&D tax credit incentive offered may be able to save a business money when developing these solutions.
- Use the Proper Tools to Fix a Broken Trust10/31/2018
An irrevocable trust has long been a key component of many estate plans. But what if it no longer serves its original purpose? Is it too late to change it? Depending on applicable state law, there may be options to fix a broken trust.
- Key Considerations for Settling a Loved One’s Estate10/31/2018
The loss of a loved one is an emotionally taxing event. While family and friends come together to grieve and support one another, a death also prompts action for settling of the estate. A family member may end up as the executor or executrix but not have the professional background that would lend itself to the role. Considering the following items will help alleviate some of the difficulties that may arise when executing an estate.
- Decanting an Irrevocable Trust in Need of Change10/31/2018
Over time, the terms of an irrevocable trust may no longer be applicable to an individual or family’s current situation. While irrevocable trusts are typically created with the intent of remaining unchanged, trustees may also have the option of decanting a trust when it makes sense. To decant a trust, a trustee distributes assets from one irrevocable trust into a new irrevocable trust that contains modified terms. This may be beneficial for when the terms of a trust have become outdated.
- Opportunity Zone Proposed Regulations Issued: What Was Answered10/22/2018
On October 19, 2018, the Treasury released proposed regulations relating to the Opportunity Zones. These regulations may be relied upon by taxpayers until final regulations are published. The proposed regulations help clarify some of the ambiguities/questions that were inherent in the TCJA with respect to Opportunity Zones. Taxpayers now have guidance to rely on to help start investing in Opportunity Zones.