…countless seminars, webinars, articles, white papers, etc. on the standard and how it should be implemented. Now that the effective date for private companies and non-profit organizations is just over…
…services to privately held-companies and tax-exempt entities. Mr. Lewis leads the Firm’s Not-for-Profit team and is a member of the Healthcare and Medical Practices team. Richard Lewis “I’m happy to…
…Sports Backers, a non-profit organization that develops programs and events designed to inspire people in Richmond’s communities to lead active lifestyles. Active RVA-certified workplaces provide pathways for all employees to…
…to ordinary tax rates. Differentiation between the two statuses is based on facts and circumstances, including the activity of the fund, fund manager participation, the profit goals of the fund…
Ryan oversees audit, review, and agreed-upon procedure engagements for clients in the construction, not-for-profit, and insurance brokerage sectors. Ryan joined Keiter’s Business Assurance and Advisory Services team in October 2019…
…option to delay the required implementation date for ASC Topic 842, Leases for one additional year for the following entities: Private entities, including companies and not-for-profits; and Public not-for-profits, meaning…
Save the Date Not-for-Profit Seminar Gain insights about the latest not-for-profit trends from our industry specialists. January 13, 2026 8:30 A.M. – 10:00 A.M. Virginia Society of CPAs 4309 Cox…
Presidential Memorandum in Response to COVID-19 – Deferring Payroll Tax Obligations On August 28, 2020, the Internal Revenue Service released Notice 2020-65 to provide guidance for employers who decide to…
…a for-profit business located in the County; Having been in business for at least two years; Having annual gross revenues between $200,000 and $2 million; and Demonstrating a revenue loss…
…gross profit would be recognized on that uninstalled material cost. Once the uninstalled materials are installed and therefore proportionate with satisfying a performance obligation, the costs are then included in…
…and costly, requiring the assistance of legal opinions. ASU 2023-01 provides a new practical expedient for non-public entities (including not-for-profit organizations that are not conduit bond obligors) to use the…