Developing News

Lately, we have heard more conversations around the importance of quality of earnings (QoE) reports, likely due to the growing M&A activity in the region. The Association for Corporate Growth recently circulated the Citizens Bank 2018 report on Middle Market M&A Outlook, noting that 56% of sellers are currently involved in M&A activity or plan […]

One of the most highly touted aspects of tax reform is the cutting of the corporate tax rate from a maximum rate of 35% to a flat rate of 21%.  Many corporations showed their gratitude for the tax cut by paying out bonuses to their employees or promising to boost the economy in other ways. […]

Note: This post, originally published on March 15, 2017, has been updated to include changes brought by the 2018 Tax Cuts and Jobs Act. These changes are indicated in blue italics. Our high net worth clients often want to get their children interested in finance and investing at a young age. Along with this desire […]

Among the many questions around tax reform, one question those in real estate might be asking is whether or not all business interest will be deductible. The answer to this question is likely, “yes.” However, under tax reform, starting in 2018, your interest expense may be limited to 30% of adjusted taxable income. Through December […]

Retailers making sales in other states (aka, remote sellers) have new use tax reporting obligations in some states where they are not obligated to collect sales taxes. Several states have new rules impacting remote sellers, including requirements that remote sellers must report to customers when use tax is due on a sale.  Remote sellers are […]

Washington state has long been home to iconic manufacturers. Whether they’re dealing in aerospace, wood products, medical devices or electronic gadgets, manufacturers contribute significantly to our state’s economy today. As part of our initiative to be a valued business partner to manufacturers, we have joined with our global alliance partners to gather valuable manufacturing benchmarking […]

On December 22, the President signed the U.S. federal tax bill into law. Therefore, as you prepare your year-end financial statements, you must account for the new law’s impacts to net income in 2017. Who’s Impacted by the New Law? The new law significantly impacts corporate tax strategies and cash flows. It will also impact income […]

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