Your Full-Service Accounting + Business Growth Advisory Partner

Tag: expense

Tax Reform Manifesto for the Real Estate Industry – Part 2

This posting is a part of a 3-part series. The full article will be available in the coming weeks. Click here to read previous post. By Alexander J. Narcise, CPA and contributions from the entire Wiss and Company LLP Real Estate Team: Michael Kroll, CPA Steve Warholak, CPA Michael Bodrato, CPA Kyle Pennacchia, CPA James Jenco, CPA Ken Trainor, CPA Phil London, CPA Chris Gati, CPA Charlie Komack, CPA The Internal Revenue Code has historically provided many planning opportunities...

Continue reading

FASB Issues Update for Nonprofit Organizations

by Diana Miller, Partner, Not-for-Profit Group In an effort to improve financial reporting for nonprofits, the Financial Accounting Standards Board (FASB) is implementing various changes.  Among these changes are how expenses are being reported. Current Guidance When it comes to financial reporting, many nonprofit organizations are only required to provide expenses by their nature (i.e. salaries, travel, rent, etc.). However, voluntary health and welfare organizations are also required...

Continue reading


Copyright 2022, Wiss & Company, LLP Accountants & Consultants. All rights reserved.