Advisory

 Study Shows Key Concerns of Corporate Directors in 2018

January 5, 2018 

Study Shows Key Concerns of Corporate Directors in 2018

Drawing on insights from the Center’s work and interactions with corporate directors and business leaders throughout the year, the BLC’s On the 2018 board agenda highlights six items for directors to keep front and center in the months ahead.

 Citrin Cooperman Acquires Schneider & Associates

January 3, 2018 

Citrin Cooperman Acquires Schneider & Associates

Citrin Cooperman announced today that Sandra Schneider and her staff of Schneider & Associates, LLC has joined the Bethesda, MD office of the firm as of January 1. Schneider, along with Director Julie Schoen, will continue to focus on sophisticated tax and estate planning for high net worth individuals and their families. “Our Bethesda office...…

 2018 Tax Reform Law Doubles Child Tax Credit

January 1, 2018 

2018 Tax Reform Law Doubles Child Tax Credit

The TCJA doubles increases the child tax credit (CTC) from $1,000 to $2,000 and raises the refundable portion of the CTC to $1,400. In addition, it authorizes a $500 nonrefundable credit for non-child dependents for taxpayers who don’t claim a CTC.

 5 New Members Appointed to FASB Not-for-Profit Advisory Committee

December 18, 2017 

5 New Members Appointed to FASB Not-for-Profit Advisory Committee

The NAC serves as a standing resource for the FASB. Its role is to obtain input from the not-for-profit sector on existing financial reporting guidance, current and proposed technical agenda projects, and longer term or pervasive financial reporting ...

 The 5 Biggest Mistakes People Make When Buying A Franchise

December 18, 2017 

The 5 Biggest Mistakes People Make When Buying A Franchise

Investing in a franchise is a major decision. While on the one hand you’re buying into a proven model, you have no evidence it will work in your town or in the location you choose. We spoke with Joel Libava, The Franchise King, who wrote ...

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December 12, 2017 

How Accounting Firms Can Leverage the Gig Economy

While freelancing is a part-time or side-gig for many people, a growing number of people make it a full-time living. Twenty-nine percent of survey respondents said their freelance business is their only source of income, up from 17% in 2014.

Jim Boomer

CLiftonLarsonAllen 1  5637e6095b4c2

December 12, 2017 

CLA Acquires Accounting Firm NSBN

As one of the nation’s leading professional services firms, CLA has retained the agility to serve clients of all sizes and locations, while at the same time bringing an unparalleled depth of capabilities, all in one place.

Kelly Grier Chair EY

December 9, 2017 

EY Appoints Kelly Grier as U.S. Chair and Managing Partner

In her new role, Kelly will lead the EY US firm and the EY Americas geographic area, which represents more than US$14.5b in combined revenues and more than 71,500 people in member firms in 31 countries. She will also join the EY Global Executive ...

Tax Tips for Schedule C Filers 1  54986ceb23dc8

December 6, 2017 

Cloud System Automates Creation of Sch. C Reports from Expense Data

Xero has launched Xero +C for self-employed clients. Xero is a maker of cloud accounting and management solutions for small businesses. Designed for the freelance workforce, Xero +C eliminates the need to manually sift through a year’s worth of expenses by providing an easy, automated way to create Schedule C reports with a customized chart...…