President Trump issued a memorandum on February 3, 2017 directing the acting Secretary of Labor to review the DOL fiduciary regulations scheduled to take effect in April 2017, ordering an economic and legal analysis of the impact of these regulations. The President’s memo is not the first time Republications have sought to repeal the DOL fiduciary regulations.
Displaying: February 2017
What You Need To Know About the Border Adjustment Tax
What’s the buzz about the Border Adjustment Tax, and why should you pay attention to it?
When Fraud Causes a Not-for-Profit to Close its Doors*
Charlie Blanton, CPA, expert in fraud and abuse in not-for-profit entities and governments, offers his advice for not-for-profits when it comes to fraud protection.
Surprise, Surprise for C Corporation Extensions
On January 17, the IRS published draft Form 7004 Instructions, extending the due date for C corporation returns to October 15, 2017.
FASB Makes It Easier to Test for Goodwill Impairment while the SEC Cracks the Whip on SAB 74 Disclosures
The Financial Accounting Standards Board (FASB) has been very active in early 2017, having issued three Accounting Standard Codification (ASC) Updates this past week. Here’s a quick summary of the new Updates.