Archive: 2018 Archive
When is a Grant Subject to B&O Tax in Washington? New FASB Guidance May be Helpful in Determining
Earlier this year, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018-08, Clarifyin… Read More
Tips to Improve Board Financial Reporting
The ultimate goal of providing an organization’s board with financial reports is to help them understand where the organization is… Read More
More Clarity on Taxable and Tax-Free Employee Benefits Under Tax Reform
Note: This article, originally published on January 12, 2018, has been updated to include the latest developments regarding the Ta… Read More
Update on Qualified Transportation Benefits Under Tax Reform
Note: This article, originally published on February 21, 2018, has been updated to include the latest developments regarding the T… Read More
When Should I Have an Audit?
You are on the board of a not-for-profit organization (NFP) and charged with making wise decisions for the good of the organizatio… Read More
ASC 606: A Case Study for Operating Real Estate Companies
April 21, 2020 update: To provide accounting relief and clarity during the COVID-19 crisis, the FASB published an exposure draft w… Read More
The IRS Draft Form 990-T Gives UBI Clues (Updated)
Note: This article, originally published on October 16, 2018, has been updated to include the latest developments regarding the Ta… Read More
Washington State and Local Tax Compliance for Short-Term Vacation Rental Businesses
One by one, Washington cities and towns are beginning to regulate vacation rentals offered for rent by owners of residential prope… Read More
