Latest Articles

October 1, 2021 

In New York, the contractor has the unusual burden of being considered the consumer of building materials; therefore, a resale exemption doesn’t apply, and sales tax is due to the vendor. The contractor pays the sales tax on building materials upfront ...

October 1, 2021 

U.S. citizens, resident aliens and domestic legal entities have until Oct. 15, 2021 to file their extended Report of Foreign Bank and Financial Accounts (FBAR) is Oct. 15, 2021.

October 1, 2021 

Grant Thornton was also named to Working Mother magazine’s 2020 100 Best Companies and Best Companies for Dads lists. The firm was additionally named one of the 2020+ Top Companies for Executive Women by Working Mother Media — and received a score of ...

September 30, 2021 

In the past, the Department of Labor Wage and Hour Division (WHD) would commonly randomly select employers for compliance audits with the provisions of the Fair Labor Standards Act (FLSA). Random audits have all but ended for a variety of reasons.

Richard D. Alaniz, JD

September 30, 2021 

More than anything, the pandemic brings us face-to-face with our mortality, prompting many pandemic-related epiphanies about life, death, family, and work. It puts into focus how important it is to balance work and life in a post-COVID world.

Amy Vetter

September 29, 2021 

Accounting firms established by pioneering Black CPAs decades ago created an indelible legacy within the accounting profession. Built by Black CPAs who succeeded despite adversity, the firms continue to play an important role in the profession’s ...

September 29, 2021 

Many businesses are preparing for working conditions to return to normal sometime soon—but the definition of “normal” continues to change dramatically. The realities of the business world in light of the pandemic make previously predictable ...

September 29, 2021 

After ample lead time and a COVID-19-related extension, private companies can’t afford to wait any longer to implement the new lease accounting standard. Public companies have had to comply with new accounting practices for ASC 842 since 2019, and the ...

September 29, 2021 

If you often get tough accounting clients, you have to learn how to say no politely to them in a way that you can turn them away without burning any bridges. Learn more about how you can do this and its benefits for your business through this guide.

Shahram Zarshenas

September 29, 2021 

SB 62, which faced heavy opposition from fashion brands and trade groups, aims to overhaul a pay model for garment workers that has led to sub-minimum wages in the industry. The law will expand liability for fashion brands that have largely been able ...

September 29, 2021 

When asked what would most inspire them to become a CFO, 45% said a high salary was the top inspiration. Other inspirations included managing financial operations (28%), working closely with a company's CEO to influence and make key business decisions ...

September 29, 2021 

Public accountancy has been one of the top industries ripe for disruption over the last decade. It’s a topic that SEC’s Commissioner Kara Stein used as her focus for an international address at the Chartered Accountants Hall in London back in 2015.