New Lease Accounting Standard (ASC 842) Explained
The new Lease Accounting Standard is complex and requires organizations that have U.S. GAAP reporting requirements to analyze all their leases.
How to Take Advantage of the SALT Deduction Workaround
In response to the allowance of the SALT deduction at the entity level, most states including Idaho, Oregon, and California passed legislation to allow elective PTE tax.