January 2020
The SECURE Act
On December 20, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law. SECURE will change how you think about saving for retirement. The Act is comprised of 29 provisions, and here are some of
Fintech Revolution
With the uncertainty brought by an election year, many businesses are expected to approach 2020 with caution concerning investment and expansion. While many CPAs may be cautiously budgeting and forecasting the year ahead, major technological advances are anticipated. The evolving environment
Changes in the GAAP Treatment of Equity Securities
Effective for fiscal years beginning after 12/15/18, FASB ASU 2016-01 will apply for equity investments, except investments in equities accounted under the Equity Method. This ASU effectively eliminates the previous categories of trading, available-for-sale, and cost methods for accounting for investments.