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A set of accounting standards for leases is now mandatory for most business entities in the U.S., including not-for-profit organizations (NFPs). These standards, known as ASC 842, began to take...
When Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020, it established numerous programs that provided incentives for employers to keep employees on their...
If you run a manufacturing and distribution (M&D) company, inventory is most likely your largest asset, as well as being your revenue generator. Because inventory is the backbone of every M&D...
Kyle & LGT Kyle Pacheco, CPA, CCIFP is one of LGT's newest partners, receiving his promotion to the position at LGT's annual State of the Union staff meeting in February 2023. Before being...
An internal audit uses resources within the company to critically evaluate the functionality of the company to produce growth and progress. These audits are often continuous in nature, but they can...
Government funding brings some rather complicated reporting and auditing requirements. This can apply to both for-profit businesses and not-for-profit organizations (NFPs) that receive federal...
Congress passed the original Setting Every Community Up for Retirement Enhancement (SECURE) Act in 2019. The House of Representatives passed a bill that builds on that law’s improvements, the...
When it comes to filing income tax returns in states where a taxpayer has no operations, taxpayers have historically been able to rely on an obscure federal law known as Public Law 86-272 to avoid...
Inflation and increasing interest rates have made many people nervous in a wide range of industries. Ongoing struggles that began with the COVID-19 pandemic, such as supply chain issues, only add to...
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