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Inbound U.S. Tax Services

Cherry Bekaert

Tax Services appeared first on Cherry Bekaert. Contact Us The post Inbound U.S.

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Increased IRS Scrutiny on Personal Use of Company-Owned Aircraft

Cherry Bekaert

Listen to learn more about: 02:41 – Federal private aircraft regulation background 06:36 – Key IRS tax issues 09:24 – Tax reporting key areas 11:14 – Disallowance of expense deductions 14:22 – IRS pilot audits 17:37 – Questions to consider before purchasing a private aircraft Recent Tax Beat Episodes Inbound U.S.

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ASU 2023-09: FASB’s New Income Tax Disclosures for Private Entities

Cherry Bekaert

On December 14, 2023, the Financial Accounting Standards Board (FASB) issued final guidance concerning income tax disclosures, labeled Accounting Standards Update No. For businesses surpassing specified quantitative thresholds, further disaggregation by taxing jurisdictions may be required.

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Friday Footnotes: Why People Leave Public Accounting; Audit Workloads Up; Terrorist Clients (Literally) | 12.2.22

Going Concern

Why People Leave Public Accounting [ CPA Journal ]. Writes Edward Mendlowitz, CPA/PFS, ABV: There are many reasons why CPAs decide to leave public accounting firms. The following is a discussion of what I have found to be the most common reasons why people leave public accounting.

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Online Accountants Forums: The 14 Best

Ryan Lazanis

Online accountant forums can be a valuable resource for accounting professionals looking to expand their knowledge, connect with peers, and stay up-to-date on industry trends. In this post, we’ll explore the benefits of participating in online forums for accountants and enumerate which ones are worth joining.

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ASU 2023-09: New FASB Rule Enhances Income Tax Disclosures for Public Companies

Cherry Bekaert

The Financial Accounting Standards Board (FASB) released final guidance regarding income tax disclosures on December 14, 2023. Accounting Standards Update No. 2023-09 (ASU 2023-09) applies to all entities subject to income taxes and is intended to enhance the transparency and usefulness of income tax disclosures.

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How to Plan for Global Tax Minimization

Cherry Bekaert

tax advisor who is a member of a worldwide accounting and advisory firm alliance to find the best foreign tax advisor. Reach out to a Cherry Bekaert International Tax team member to learn more about the rewards of a global tax minimization plan during expansion.

Tax 101