…the size and other eligibility requirements. Businesses with less than 10 million dollars in gross revenue or fewer than 250 full-time employees may now qualify. Further, businesses are eligible to…
…adopted rolling conformity in 2023, but with important exceptions. Virginia deconforms from: Any single federal change with an estimated Virginia revenue impact of $15 million or more Any additional changes…
Recent SECA tax court case decision clarifies meaning of “limited partner” Since 2018, the Internal Revenue Service (IRS) has focused its attention on activities related to its Self-Employment Contributions Act…
…of their taxable year. North Carolina Department of Revenue vs. Kimberly Rice Kaestner 1992 Family Trust Trust state taxation has always been a consideration but has gained attention recently due…
…to adjust, including: Revenue classification and accounting, including sponsorships, earned revenue sources, and contributions Contributions of non-financial assets Special event revenue and expenses Accounting for leases in accordance with ASC…
…potential project, estimates are also a main driver to revenue recognition, job performance, and percentage of completion. When there is a gap in internal controls, bad actors could manipulate these…
2024 Not-for-Profit Update CPE Seminar Tuesday, December 3, 2024 | View the Recording Keiter’s Not-for-Profit team provided guidance for revenue recognition and classifying net assets. Click the icon below to…
…the early days of the COVID-19 pandemic. Many nonprofit organizations had contributions and pledges canceled or amended after recognition as donors grappled with the effects of lockdowns and business slow-downs….
Qualified Opportunity Zones (QOZs) provide a unique opportunity for taxpayers to invest in low-income communities while also offering significant tax benefits. QOZs were designed to encourage investment and economic growth…
Richmond Recognized as a “Top City in the South” As the city of Richmond continues to grow and catch recognition across the country for its many features such as being…
National recognition reflects expertise and leadership in valuation services Keiter is pleased to announce that Forbes has recognized Greg Saunders, Valuation and Forensics Services (VFS) Senior Manager, and Harold Martin,…
…billion dollar U.S. market 28,000 animal hospitals and veterinary clinics in the U.S – 90 percent plus are independently owned Predictable and growing business Repetitive revenue Sense of pets as…