Financial and Cyber Risk Mitigation is Critical Following Banking Market Disruption
We have identified some critical near-term actions that businesses can take to mitigate their financial and cybersecurity risks in response to the bank collapse.
Nonprofits after the Great Resignation: Overcoming the Workforce Shortage
Nonprofits need to overcome the workforce shortage. Organizations must innovate because the labor market will remain tight for the foreseeable future.
CFO Insights after the SVB Collapse
This blog will help CFOs and business leaders understand what led to the Silicon Valley Bank collapse, what to do next, how to protect their companies from similar risks, and what to expect going forward.
Changes to the Electric Vehicle Credit
The Inflation Reduction Act passed by Congress on August 16, 2022, included several energy efficiency tax credits and rebates. The Act amended the Qualified Plug-in [...]
Accounting System Compliance – Foundation for Success
A compliant accounting system is a must for government contractors. The questions (and more) we will address in this post include: What is an accounting [...]
White House Releases Fiscal Year 2024 Budget Including Tax Revenue Proposals
Administration releases Fiscal Year 2024 Budget and Greenbook explanation of tax proposals. Expectations are light for proposals to move forward in Congress.
The BoardRoom Magazine Awards PBMares, LLP Tax Consultant of the Year and Kevin Reilly Lifetime Achievement Award
PBMares has received the 2022 Tax Consultant of the Year Award from The BoardRoom magazine. PBMares Tax Partner Kevin Reilly, a nationally recognized club tax consultant, has also been awarded the Lifetime Achievement Award.
401(k) Plan Participant Loan Year-End Review
Too often, we find participant loans that were never set up in payroll or where payroll withholding of repayments ceased prematurely, resulting in defaulted participant loans. For calendar year-end plans, plan sponsors have until March 31 of the following year to correct the failed set up of a participant loan.
FASB Votes to Simplify Accounting for Common Control Leases
For common control leases, the FASB is drafting amendments to simplify determining whether a lease exists, the classification of the lease, and accounting for leasehold improvements.
How Is Recent Legislation Impacting Construction and Real Estate? A 2023 Outlook
Three large pieces of legislation have been passed in the last 15 months with a collective goal of revitalizing and revamping domestic infrastructure, advanced manufacturing, and clean energy. There are many various impacts to the construction and real estate industry.