Jay Brooks

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.

January 13, 2020

Meals and Entertainment Expenses in 2018

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

May 9, 2018

Being Proactive and Catching Issues in Employee Benefit Plans

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

November 7, 2017


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

August 3, 2017

Stephano Slack LLC Promotes Jay Brooks, CPA to Manager

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

July 25, 2014