Trump Tax Reform Plan: How It May Affect You and Your Company

One of the topics talked about all year is how our tax system needs to be greatly improved and just this week, President Trump and [...]

Look-Back Interest on Long-Term Construction Contracts

If you are a construction contractor reporting long-term contracts on the percentage of completion method (§460(b)(1)) you may be required to calculate look-back interest (§460(b)(2)) [...]

TDR Accounting: How to Get It Right

Seeing a significant uptick in the number of loan modifications over the past few years, regulators and external auditors alike have been putting increased pressure on credit unions to become compliant with troubled debt restructuring rules.