Archive for February 2016
My Customer’s Exempt from Sales Tax, but is my Construction Contract?
Construction contractors in the region face anything but uniformity when it comes to dealing with the rules addressing sales tax as it applies to projects for tax exempt customers (e.g., government entities and nonprofits). Not only does the scope of the exemptions offered in the region (i.e., the District, Maryland and Virginia) differ, the compliance…
Read MoreHA&W Reelects Richard Kopelman as Managing Partner
Kopelman has been unanimously reelected for a second three-year term February 17, 2016- Richard Kopelman, CPA, CGMA, has been unanimously reelected by the partners of HA&W, LLP for a second three-year term as the firm’s managing partner. He also serves as the firm’s chief executive officer. Since 2013, when his tenure as managing partner began,…
Read MoreProminent U.S. Firm, HA&W, Joins Morison KSi
HA&W, LLP recognized as newest member of international association February 16, 2016- Habif, Arogeti and Wynne, LLP (HA&W), a nationally-recognized tax, accounting and business consulting firm and a top 100 accounting firm in the U.S., has joined global accounting association Morison KSi. “For decades HA&W has recognized the importance of international businesses to the success…
Read MoreThe FASB Simplifies the Balance Sheet Classification of Deferred Taxes
By: Charles Webb, tax partner On Nov. 20, 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2015-17, Balance Sheet Classification of Deferred Taxes. This simplifies the presentation of deferred taxes by requiring all deferred tax assets and liabilities, along with any related valuation allowance, to be classified as noncurrent on the…
Read MoreState & Local Tax (SALT) Newsletter February 2016
https://www.aprio.com/media/newsletters/SALTnews-2-16.html
Read MoreAprio Education Services
Comply with SCA or Go to Jail!
Companies doing business with US tax payer dollars need to understand the government regulations governing their government contracts. They need to represent themselves correctly and take action to maintain compliance throughout the life of each contract. Company officials who don’t may receive prison sentences and may be required to forfeit millions of dollars. A massive…
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