Archive for September 2018
Tax Reform Could Alter Your ESOP Strategy
Employee Stock Ownership Plans (ESOPs) have offered a tax-advantaged exit strategy for privately-held business owners since 1974, but Congress recently gave ESOP sponsors reason to take a fresh look at their plans. Specifically, two provisions of the Tax Cuts and Jobs Act (TCJA) that took effect this year have potentially unfavorable implications for the cost…
Read MoreMaryland Comptroller Issues Guidance on Approved Wayfair Regulations
The Maryland Comptroller has issued a tax alert instructing out-of-state vendors on how to apply recently approved regulations regarding sales tax collection obligations for out-of-state sellers. The guidance includes helpful information on how to apply the regulation’s $100,000 sales threshold and addresses timing issues related to complying with the new rule. Maryland’s regulation is in…
Read MoreAprio, LLP Combines with Magoon, Freeman, Spain & Jones, LLC
Combination expands Aprio’s Georgia footprint ATLANTA (PRWEB) SEPTEMBER 12, 2018 Aprio, LLP, a nationally-recognized, full-service, CPA-led business advisory firm based in Atlanta, Georgia, announced today that it has combined with Magoon, Freeman, Spain & Jones, LLC (MFSJ), a certified public accounting firm located in Alpharetta, Georgia, effective Sept. 1, 2018. MFSJ is a boutique accounting firm serving…
Read MoreState & Local Tax (SALT) Newsletter August 2018
Dental Practice Lifecycle: Sale of Practice & Retirement
After the start-up and acquisition phase and years of hard work growing your own dental practice, you may be ready to hang up the gloves and retire but are not sure where to start. The answer is to build a plan that starts years before you actually plan to retire or sell. Having this conversation…
Read MoreShould Your Restaurant Go Cashless?
Cashless restaurantsare on the rise, even though the average American still carries cash in her wallet and uses it for nearly one-third of transactions. Restaurateurs considering going cashless must balance the benefits of operating cost reductions and greater security against the risk of losing customers who prefer, or need, to pay with cash. What’s a…
Read MoreRevenue Recognition Under ASC 606 for Nonprofits
The new revenue recognition standard, ASC 606, will greatly affect how nonprofit organizations recognize and classify revenue from grants, contracts, and contributions. Download our “Revenue Recognition Under ASC 606 for Nonprofits” information sheet to find out what the new standard means for you and your nonprofit organization. Got questions? Connect with an experienced Aprio advisor…
Read MoreHow Does Blockchain Work?
Blockchain technology is all about trust and transparency. In the current model of commerce, we place “assumed trust” in companies that provide a product or service — and in the intermediaries that facilitate the exchange of value. Take the simple act of purchasing a food item. We indirectly place our trust in every single vendor,…
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