News

Stay up to date on the latest news and practices impacting today’s businesses.

Penalty Increase for Tax Reporting Failures

The debate over the recently enacted Trade Preferences Extension Act of 2015 (TPEA) waged for months. When it was finally signed into law by President Obama at the end of June, much ado was made about the so-called fast-track trade authority the act gives the President. Read more

FASB Delays Revenue Recognition Standard

On July 9, 2015, the Financial Accounting Standards Board (FASB) officially deferred implementation of the landmark global revenue recognition accounting standard by one year. Read more. 

Tax Implications for Same Sex Married Couples

On June 26, the U.S. Supreme Court issued another landmark decision on same-sex marriage. In Obergefell v. Hodges, the Court ruled that same-sex couples have a constitutional right to marry, making same-sex marriage legal in all 50 states. Read more.

Ruling Brings Changes for Same-Sex Couples & Employers

On June 26, exactly two years since its decision in United States v. Windsor striking down part of the federal Defense of Marriage Act (DOMA), the U.S. Supreme Court issued another landmark ruling regarding same-sex marriage. In Obergefell v. Hodges, the Court held that same-sex couples have a constitutional right to marry, effectively making same-sex marriage legal in all 50 states. Read More.

Supreme Court Upholds Premium Tax Credits

On June 25, the U.S. Supreme Court, in a much-anticipated ruling, essentially again upheld the Affordable Care Act (ACA), this time by upholding premium tax credits for qualifying taxpayers whether they purchase coverage through a federal or a state exchange. Read More.

Thought Leadership

Read a few of our latest viewpoints as our team of experts look at the immediate and long-term issues facing our clients.

Washington State Taxes and Independent Schools

Nonprofit organizations, even though they may be exempt from federal taxes, are generally not exempt from taxes in Washington. Unless a nonprofit organization has a specific exemption for excise taxes... Read More.

Rounding Up Recent Accounting Developments

Keeping up with changing accounting standards is critical to every public company’s well-being. That’s why you need to consider these two recent developments...Read More.

Does Your Nonprofit Suffer From Founders Syndrome?

Of the many afflictions that can impede a nonprofit’s growth and progress, one of the most deadly is the dreaded “Founder’s Syndrome.” Founder’s Syndrome strikes when a single individual — typically the founder, executive director or other long-term leader...  Read more.

Industries and Services

Fraud & Forensic Accounting

From time to time questions about the financial integrity of a business or personal situation can arise. Speculation, theories and suspicions are a natural... Read more.

Succession Planning

Your objectives and vision for your company are important elements in your quest for a new owner. This process can be challenging... Read more.

Mergers & Acquisitions

Many business owners are involved in a sale, merger or acquisition once or maybe twice during their lives.  Read more.