November 9, 2022 | Blog | Candace Jackson, CPA
This article was originally published on the SHRM-Atlanta blog. Fiduciary responsibility is often at the forefront of plan sponsors’ minds as we conduct annual employee benefit plan (EBP) audits. We see a variety of levels of plan oversight, but one fiduciary best... continue reading »October 31, 2022 | Blog | Jon Powell, CPA, CITP, CISA
Almost daily, we hear about another cybersecurity incident grabbing a headline. A client calls you with a tale of funds transferred to a fraudulent third party. A friend of a friend suffered a ransomware attack and had to figure out what bitcoin is. Unfortunately,... continue reading »September 23, 2022 | Blog | Steven Bailey, CPA, and Geoff Braun, CPA
The long-awaited change to the lease accounting standard ASU 2016-02, Leases (ASC 842) is now effective for privately-held companies. As the first major update to lease accounting in 40 years, the core principle of ASC 842 is that lessees will have to recognize a... continue reading »September 19, 2022 | Blog | Marcia Nally, CPA
On August 16, 2022, President Biden signed into law the $430 billion Inflation Reduction Act (IRA). The bill contains several green energy tax incentives intended to combat climate change, including the expansion of commercial solar panel credits, 179D deductions, and... continue reading »September 9, 2022 | Blog | Steven Murphy, CPA; and Stephanie George, CPA
This article was originally published in the Fall 2022 issue of GACS Today, a publication of the Georgia Association of Convenience Stores. On May 4, 2021, Governor Brian Kemp signed into law H.B. 149, which would allow pass-through entities in Georgia to pay state... continue reading »August 29, 2022 | Blog | Geoff Braun, CPA
Adopting the new lease accounting standard has proven to be no easy task. Private companies are running out of time to implement this new accounting standard. Companies must report their leases based on this new standard in their December 31, 2022, financial... continue reading »