Cloud Computing Accounting: What You Need to Know about Capitalizing the Costs of Cloud Computing
Technology continues to play an increasingly prominent role in every aspect of business. Accounting standards applicable to the costs of technology...
Combating Inflation Through Tax Changes? A Quick Summary of the Inflation Reduction Act
The Inflation Reduction Act (IRA) of 2022, formally called the budget reconciliation bill, was signed into law on August 16, 2022. This bill impacts...
Startup Strategies: Three Key Financial Ratios Every Startup Should Know
MAXIS® by Freed Maxick assures organizational effectiveness for startups In the prior two ‘financial statements for startups’ articles, we address...
Benefits and Other Impacts in the Inflation Reduction Act for Nonprofits
After almost a year of negotiations, President Biden signed the Inflation Reduction Act (IRA) of 2022 into law on August 16. The law, which...
Vacation Home Tax Rules: New York State Appellate Court Rules that a Vacation Home Wasn’t a “Permanent Place of Abode” for New York State Income Tax Purposes
Good News for Non-Residents Owning Vacation Property in New York State The New York State Supreme Court, Appellate Division, Matter of Obus v New...
Startup Strategies: Four Common Challenges Startups Must Conquer
Startups face four financial statement hurdles In our Startup Strategies article series, we’ll be reviewing financial statement challenges and how...
New York State Sales and Use Tax Update: Contractor’s Purchase of Concrete Not Exempt
The Appellate Division of the New York State Supreme Court confirmed a contractor’s purchase of concrete was not exempt from the New York State sales...