Posted Aug 31 2015 12:00 PM by
Effective Jan. 1, 2015, Arizona has made drastic changes to the application of the transaction privilege tax (TPT) for contractors. As a result of these changes, contractors will have to make a determination of how they are classified for TPT purposes and apply the corresponding tax treatment.
Posted Aug 26 2015 5:12 PM by
There is a chasm left in the trucking industry by the mass retirement of baby boomers – one that is struggling to be filled by the millennial generation. While this void has been felt by the entire industry as one of the contributing factors to the ongoing driver shortage, it is not the only impact the changing generation has had on transportation companies. As operators pass the baton to the next generation, it is imperative this transition is executed in a tax-efficient manner that accomplishes the ultimate goals of the company.
Posted Aug 20 2015 12:00 PM by
ASU 2015-05 provides additional guidance on accounting for fees paid in a cloud-computing arrangement. The FASB determined there was no explicit guidance currently available under generally accepted accounting principles (GAAP) in the United States for these type of transactions, specifically related to an arrangement including a software license.
Posted Aug 19 2015 7:45 PM by
Katz, Sapper & Miller’s David Charles and Mark Bernstein, together with the law firm Anderson Kill, will discuss “Funding Hospital Expansion in a Consolidated Market” on Thursday, Oct. 1.
Posted Aug 17 2015 12:00 PM by
The fourth and final installment in our series, NFP Reporting Exposure Draft, Explained, focuses on various other changes being proposed related to the financial reporting for not-for-profit (NFP) organizations.
Posted Jul 23 2015 12:00 PM by
With another year-end in the books, construction owners and top-level management share similar concern: How do our company’s financial results compare to our competitors and peers? It is a common question that likely will not be answered on a specific basis, but it can be evaluated based on a broad population of results.
Posted Jul 14 2015 12:00 PM by
The third installment in our series, NFP Reporting Exposure Draft, Explained, focuses on changes being considered related to the statement of cash flows for not-for-profit (NFP) organizations.
Posted Jul 13 2015 5:15 PM by
Members of Katz, Sapper & Miller’s Buy Here-Pay Here (BHPH) Services Group recently attended the National Alliance of Buy Here-Pay Here Dealers’ 2015 Annual Conference – the largest used-car conference in the U.S. Taking place in Las Vegas, Nev., the 17th annual event addressed the following developments and trends affecting BHPH dealers.
Posted Jun 29 2015 12:00 PM by
Jim Holton, owner of Mountain Town Station in Mount Pleasant, Mich., joins us to discuss keys to becoming a great restaurant operator.
Posted Jun 26 2015 12:00 PM by
In a recent Advisory Opinion, the New York State Department of Taxation and Finance (NY DOTF) has found the sales of subscription-based Internet services, Healthcare Registry and Rapid Recall Exchange by a not-for-profit are taxable sales.