Jay Brooks | Stephano Slack LLC

Changes in the GAAP Treatment of Equity Securities

Jan 13, 2020 | Blog Posts

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...

Meals and Entertainment Expenses in 2018

May 9, 2018 | Blog Posts

One of the most talked about aspects of the Tax Cuts and Jobs Act (TCJA) were the changes made to business meals and entertainment expenses. With changes in law, come the necessary changes in how these expenses should be categorized on your books. Appropriate time...

Being Proactive and Catching Issues in Employee Benefit Plans

Nov 7, 2017 | Blog Posts

Now that your 2016 Form 5500 and Employee Benefit Plan audit have been finalized, the next few months offer a great time to look at the current plan year and identity any potential issues prior to your 2017 audit. Identifying issues prior to the start of the audit...

Cinnabon

Aug 3, 2017 | Blog Posts

Two weeks have already flown by since my last post, which people liked enough that they figured I was cool enough to write another one. Today’s topic: Cinnabon. If you don’t know what that is, it’s a company that makes the best cinnamon rolls ever, which I can...

Stephano Slack LLC Promotes Jay Brooks, CPA to Manager

Jul 25, 2014 | Latest News

Stephano Slack LLC Promotes Jay Brooks, CPA to Manager WAYNE, PA— July 28, 2014 — Full-service accounting, tax, and advisory firm, Stephano Slack LLC, announced today the promotion of Jay Brooks, CPA, to manager. Jay Brooks has worked at Stephano Slack since 2008....

September News

Oct 16, 2012 | Latest News

Stephano Slack LLC welcomes three new members to the team. We are happy to welcome three new accountants to our firm. Alvin Bastian, Michael Farren and Patricia Timko are our new staff accountants. Alvin is a graduate of Philadelphia University where he majored in...