Archive for November, 2016

Upcoming Changes to Not-for-Profit Accounting

In August of 2016, after receiving over 250 comment letters since its exposure draft from preparers, auditors and other users abroad, the…

Trump’s Tax Plan

Beginning Jan. 20, 2017, the Republican Party will be in control of both houses of the U.S. Congress as well as the…

No More “Victory Tax” for U.S. Olympians

Previously, America’s Olympic medalists were liable for federal and state taxes on both the prize money that they received from the Olympics…