Saturday, August 15, 2015

Weather the Revenue Recognition Storm

Download complimentary white paper:

A Closer Look: Revenue from Contracts with Customers— One Year Later

Your Revenue Recognition Preparedness Kit
Expanded disclosure requirements for U.S. GAAP financial statements will add transparency to financial reporting. As you update your reporting criteria, information systems, processes and controls to meet the new standard, look to ARM for relevant and authoritative literature and links, including revenue recognition requirements of U.S. GAAP, IASB and IFRS.

The clear choice for professional learning, revenue recognition comprehension and CPE credits. Gain a better understanding of complex updates to the new standard and how to successfully follow the 5 step revenue recognition model for successful implementation. Courses include:


Get the information you need to protect your financial statements. With leading titles in taxation, accounting and more, our 100+ publications are available to you in both print or eBook formats and offer expert information on topic-specific content, such as:


Complimentary Web Seminar: A Review of Revenue Recognition 2015

September 29, 2015
2 pm ET/11 am PT
SPEAKER: Scott Taub, CPA

Get an expert’s explanation of the new standard and the changes to the principles underlying the recognition of revenue. Help ensure a smooth transition by hearing about the latest implementation questions and resolutions.

Topics include:
Highlights of changes from current requirements and practice
Key challenges in adopting the new standard
Status of amendments and clarifications, including:
o Delay in effective date
o More guidance on identifying performance obligations
o Potential changes in guidance on licensing
o Proposed practical expedients
o Discussion of required disclosures and attendant data collection requirements

Who should attend?:
Corporate staff charged with preparation of financial statements; all C-suite professional staff; finance and accounting teams; CPAs in public practice with clients who need to have financial statements prepared to IFRS and GAAP standards


Monday, July 20, 2015

Searching for Basis: The New Tax Planning Elixir

Searching for Basis: The New Tax Planning Elixir
Complimentary Web Seminar
August 11, 2015 2 pm ET/11 am PT

Brought to you by Accounting Today
Sponsored by Wolters Kluwer
Featured Speaker: Martin M. Shenkman, CPA, MBA, PFS, AEP (Distinguished), JD, Shenkman Law

The step up basis has been touted as the new magic elixir of estate and income tax planning, but this type of planning provides so much more opportunity than many discussions indicate. Determining whether to use a bypass trust or rely on portability is only one of many planning options, and often that discussion is too simplistic to really provide clients maximum benefit.

DISCUSSION TOPICS INCLUDE:

  • How to practically address bypass trust planning — it is not an either or choice. In many cases, it is really an investment, not a tax, driven planning tool.
  • Life insurance may no longer be needed for an estate tax, but it provides an array of income and estate tax planning opportunities.
  • Powers of appointments can be used to gain basis step up while your clients are alive. What are the risks your clients might face and what are some of the safeguards you can recommend?
  • How creative uses of powers of appointment can augment real estate clients’ depreciation deductions.
  • Why you should have every LLC and FLP agreement reviewed.
  • How to minimize discounts while maintaining asset protection, with 754 elections and considerations.
  • What to consider if Crummey trusts might be adapted to basis planning.


Who should attend? Professional firms of all sizes, consultants, financial planners — anyone interested in financial and estate planning or investment planning.

Friday, July 10, 2015

The Affordable Care Act (ACA)

The Affordable Care Act (ACA) has specific mandates for employers and individuals regarding health coverage, which lead to unchartered territories for most. They have to distinguish between full time or part time employees, plus identify if they are an applicable large employer (ALE) or small employer to be in proper compliance. Employers can be penalized per employee if not compliant with ACA. There is also a matter of reporting and documenting the coverage – which can be time-consuming.

With the recent rulings on the Affordable Care Act (ACA), professionals need guidance on IRS regulations and other regulatory decrees of health care reform. How do these busy professionals clarify the new information reporting requirements for employers and insurers, the required reforms to health care plans, and the new taxes imposed on individuals and certain entities? 

Tax Briefings, Webinars and CPE.







Get Insight on the Affordable Care Act in a free webinar:
Complimentary Web Seminar
July 21, 2015
2 pm ET/11 am PT

Join top tax expert Mark Luscombe, JD, LLM, CPA as he discusses the Affordable Care Act (ACA) — the most recent decisions, developments, requirements and how it may impact your business.

Topics include:
  • Implications of the Supreme Court decision in King v. Burwell on the Affordable Care Act
  • Preparing for the employer mandate starting in 2015/2016
  • Preparing for employer reporting starting in 2015
  • Reimbursement of employees for health insurance expenses
  • Anticipating the excise tax on “Cadillac” health plans starting in 2018
  • Legislative activity related to the Affordable Care Act in 2015


Get Guidance now on ACA