The Competitive Edge, Volume 4 Issue 2 | December 2014
The Financial Accounting Standards Board (FASB) is amending the FASB Accounting Standards Codification® and creating a new Topic 606, Revenue from Contracts with Customers, and the IASB is issuing IFRS…
The Competitive Edge, Volume 4 Issue 2 | December 2014
The Internal Revenue Service announced adjustments to the cost-of-living for the 2015 tax year that will affect dollar limitations for pension plans and other retirement-related taxes. Pension plan limitations are…
The Competitive Edge, Volume 4 Issue 2 | December 2014
This year saw numerous tax developments that affect businesses, many of which deserve special scrutiny for year-end planning in an effort to minimize your 2014 tax bill. While Congressional gridlock…
The Competitive Edge, Volume 4 Issue 2 | December 2014
There are several things to consider when doing year-end tax planning: taking advantage of expiring tax provisions, deferring income into next year, or accelerating income into the current year (and…
