Newsletter

ASU 2017-12: “Targeted Improvements for Hedging Activities” – Interest Rate Swaps

The Why: Stakeholders indicated that hedge accounting requirements in current GAAP sometimes do not permit an entity to properly recognize the economic results in its financial statements. Entities wanted something that would better facilitate financial reporting that would

February 5, 2019

Forming an LLC

Let’s discuss LLCs! This is a very common business type but so many people (even those who OWN an LLC) do not actually realize what an LLC is... or what it could be. This is a great

February 5, 2019

Delaware Creates Angel Investor Credit

The Angel Investor Job Creation and Innovation Act created a personal income tax credit for qualified investments in certain Delaware based small businesses. It is a refundable tax credit worth up to 25% of the investment. Qualified

January 8, 2019

Preparing for the Year End

As 2019 is beginning, there are several things clients can do to begin to prepare for the upcoming audit and/ or tax return request lists sent by their accountants.  Sometimes these lists can feel overwhelming and daunting

January 8, 2019

“I am not an Accountant” but you are Responsible for the Accounting

Often times at year end, CPA stress levels begin to escalate because of tax planning, preparation for busy season, as well as what’s to come from analyzing a client’s set of books for the entire year. Our

January 8, 2019