Blog

7 days ago

KJ Law & CPA

3 questions to ask about hard assets in estate planning
Hard assets such as art, jewelry and property might be overlooked during estate planning. Advisers should find out how much the assets are worth, whether they hold sentimental value and how best to pass them to the next generation.
Kiplinger online (11/5)
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7 days ago

KJ Law & CPA

FASB proposal addresses accounting for TV series
The Financial Accounting Standards Board has issued a proposal that would align the accounting for production costs of an episodic TV series with the accounting for films.
Journal of Accountancy online (11/7)
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7 days ago

KJ Law & CPA

Licensure under fire in the states
A powerful narrative is taking shape nationwide that could define the future of licensure. The changing legislative environment means we risk losing licensure as a means to protect the public. That would mean no licensed architects, no licensed engineers and no licensed CPAs.
AICPA Insights (11/6)
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2 weeks ago

KJ Law & CPA

Have a Safe and Happy Halloween!! ...

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2 weeks ago

KJ Law & CPA

Make strategic thinking a priority
Executives need to carve out time from their busy days for strategic thinking about their companies. Taking certain steps -- including checking email only during specific times -- can help executives prioritize strategic thinking.
CFO (10/30)
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2 weeks ago

KJ Law & CPA

Revisiting the application of Sec. 280G on partnerships and LLCs
Although the golden parachute rules are generally considered when there's an ownership change involving a C corporation, the severe rules may also be implicated when a partnership that has C corporation partners has an ownership change.
The Tax Adviser (10/2018)
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2 weeks ago

KJ Law & CPA

Many Americans worried about long retirement
A BMO Wealth Management survey of Americans age 55 or older has found many are concerned about a long retirement, with 46% citing worries about quality of life and health care costs, 45% concerned about becoming a burden to family and 44% worried about running out of savings.
PlanAdviser online (10/29)
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3 weeks ago

KJ Law & CPA

US stock market downturn deepens US stocks continued to plummet Wednesday, with the Dow Jones Industrial Average and the S&P 500 giving up all gains for the year. The Nasdaq composite fell 4.4%, with the sharpest single-day drop since August 2011 taking the index into correction territory.
Reuters (10/24), BloombergQuint (India) (10/25), MarketWatch (10/25), The Wall Street Journal (tiered subscription model) (10/24)
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3 weeks ago

KJ Law & CPA

Former shareholders liable for tax on constructively fraudulent transfer
The US Court of Appeals for the 9th Circuit has overruled the Tax Court a second time in a transferee-liability case involving the same company, remanding the case with instructions for the Tax Court to enter judgment for the Internal Revenue Service.
Journal of Accountancy print issue (10/2018)
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3 weeks ago

KJ Law & CPA

Change could simplify deletion of Google search history
Deleting search data could be easier under a change Google has made. Users can delete their search history without navigating to the account landing page.
CNBC (10/24)
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