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2021 Construction Industry Trends: Ownership Transfers & Management Succession Planning
Most business owners right now are sharply focused on steady cash flow, cutting costs, maintaining operations as close to the status quo as possible, and

Construction Accounting Basics: 6 Questions Contractors Need to Ask When Starting a New Construction Firm
Starting your own construction company without a financial strategy rooted in smart accounting basics is like starting a build without a floor plan. Many of

Massachusetts Law Addresses Unemployment Solvency & Emergency Sick Leave
Governor Charlie Baker signed legislation in May that modified the way Massachusetts handles COVID-19-related unemployment claims and the COVID-19 Temporary Emergency Paid Sick Leave Program.

Webinar: Like-Kind Exchanges (IRC 1031)
ARB Principal David V. Jean CPA, CCIFP, CExP, provides a detailed overview of like-kind exchanges. From discussing the “loophole” that allows taxpayers to defer and

The NCUA’s New Rules on the Transition to the CECL Methodology & Capitalization of Interest
The journey to implement the Current Expected Credit Losses (CECL) accounting method has proven to be especially complex for credit unions. The Financial Accounting Standards

PPP Borrowers Are No Longer Required to Submit Forms 3509 & 3510 for Forgiveness of Large Loans
Paycheck Protection Program (PPP) loan borrowers will no longer required to submit Form 3509, PPP Loan Necessity Questionnaire (For-Profit Borrowers) and Form 3510, PPP Loan

Exit Planning: Managing Risks & Protecting Your Assets
For business owners, risk management and asset protection are essential in ensuring both short-term and long-term success, and they are also key elements in succession

FTC December 9, 2022 Deadline… Extended (At Least Part of It)!
Dealers are feverishly working on a mandate from the Federal Trade Commission (FTC) to comply with new standards to keep their customers’ information safe. Many

Using Charitable Lead Trusts & Charitable Remainder Trusts
Charitable trusts can help you reduce income taxes, lower estate tax, and protect your assets while incorporating your charitable goals into your estate plan. And

The Massachusetts Chapter 62F Refund: Who Gets One & Why?
Thanks to a relatively obscure state law enacted in 1986, Massachusetts taxpayers may soon receive an unexpected financial break. Until now, the law had not

The Inflation Reduction Act: What Taxpayers Need To Know
The Inflation Reduction Act, legislation aiming to lower inflation and reduce the deficit over the next decade, became law in August. Here’s a look at