Guidance for Growth

Advisory Watch2024-06-20T13:55:38-04:00

Implementing ASC 842 New Accounting for Leases: What Labor Unions Need to Know

Whether we like it or not Accounting Standards Codification (ASC) 842 is here.  Labor unions have a lot on their plates and a new accounting standard on leases may not be at the top of the priority list. However, the time is now to implement if you haven’t done so already.

October 17, 2022|Categories: Labor Unions|Tags: , |

Provisional Billing Rates vs. Forward Pricing Rates

While a contractor’s forward pricing rates may sometimes get confused with their provisional billing rates, by the contractor and even the government, they are completely different rates developed for completely different purposes.

October 11, 2022|Categories: Government Contracting|Tags: |

IRS Provides Tax Relief and Tax Filing Postponement for Taxpayers in North Carolina and South Carolina due to Hurricane Ian

IRS announces new Hurricane Ian tax relief and a new February 15, 2023 tax deadline for all individuals and businesses in both North Carolina and South Carolina. 

October 6, 2022|Categories: Tax: Business, Tax: Individual|Tags: , |

Free Resource Guides for Nonprofits

The VSCPA has released four free resource guides for nonprofit organizations to aid them in financial matters. Updated by specialists on the PBMares Not-For-Profit Team, topics include budgeting, income tax issues, responsibilities and risks, and auditing.

October 4, 2022|Categories: Not-for-Profit, Tax: Exempt Organizations|
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