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Employee Stock Ownership Plans: Exploring Opportunities for Business Owners
Federal Taxation
An employee stock ownership plan (ESOP) is a qualified retirement plan under IRC section 401(a) that is nondiscriminatory and…
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Are New York’s PNOLC Draft Regulations Too Restrictive?
State Taxation
On May 5, 2017, the New York State Department of Taxation and Finance (the “Department”) released its long-awaited draft…
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Accounting Methods for Construction Contracts
Corporate Taxation
New York City is in the middle of its biggest office construction building boom in three decades, and residential…
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Company's Shares Soar 500 Percent After Adding Word 'Blockchain' to Name
NextGen
Bloomberg
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Grant Thornton Settled with PCAOB for $1.5 Million Over Audit Failures and QC Violations
Trusted Professional
Grant Thornton LLP settled with the PCOAB "A firm's system of quality control should reasonably assure that personnel with…
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SEC Charges Group With Running $1.2 Billion Ponzi Scheme
Trusted Professional
The Securities and Exchange Commission charged “We allege that through aggressive tactics, Woodbridge and Shapiro…
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Speaker at Tax Update Session Highlights Changes in New Tax Overhaul
Trusted Professional
The House of Representatives and the Senate have passed the Republicans' new tax reform bill, the largest and most dramatic…
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House Republicans Pass Tax Plan, But Second Vote Will Be Needed
Trusted Professional
New York Times negotiations Bloomberg compromise effective rate will not apply specifically estimates
Read More
Poll: Reports of Sexual Harassment in Finance Industry Grew 12 Percent in Two Years
NextGen
Financial Times
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