…result in an acceleration of recognition of credit losses, has the most significant impact on financial institutions. But any entity that extends credit – even just typical 30-day payment terms…
Keiter Director Honored with the VSCPA 2020 Outstanding Member Award We are proud to announce that Director Mike Gracik has been recognized by the Virginia Society of Certified Public Accountants…
Accounting Today’s Best Accounting Firms to Work For in 2018 We are proud to announce that Keiter was recently named as one of the 2018 Accounting Today’s Best Accounting Firms…
Managing Partner Featured on Virginia Business’ 2020 Power List of Virginia’s 500 Most Powerful People We are proud to announce that Managing Partner Gary Wallace was featured on Virginia Business’…
…use the completed contract method (“CCM”) of accounting. Completed Contract Method of Accounting for Small Business Taxpayers The CCM allows a taxpayer to defer the recognition of income and related…
Gary Wallace recognized in Virginia Business 2022-23 Power List We are proud to announce that Gary Wallace, Managing Partner, was featured as one of Virginia’s 500 most powerful and influential…
…proposal would allow a $5 million per donor exclusion from recognition under this tax. This proposal is effective for transfers after December 31, 2022. Tax Carried (Profits) Interests as Ordinary…
…This recognition reflects our continued commitment to creating an internship experience that helps students and young professionals learn, grow, and launch successful careers in public accounting. About Vault’s Internship Rankings…
…beginning in 2023. The recognition of credit losses has been accelerated. Most impactful to financial institutions but requires consideration for every organization that has trade receivables or issues credit to…
…first recognition of the eligible item; Entry into an eligible firm commitment; Specialized accounting principles that required or permitted assets to be reported at fair value cease to apply; The…
…among the Top 60 Firms within the “Best over $10 Million” category. The Firm was also the only firm based in Virginia, in that category. This recognition comes along side…
…have a filing requirement if they meet the $500,000 threshold. While the regulation did not include an effective date for the change, we understand that the Massachusetts Department of Revenue…