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New lease accounting rules set to lift debt load by 24%

Companies with chartered-in fleets face changing rules when presenting their accounting statements.Although it will have little impact on actual cash flows, investors and creditors will …

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5 Signs Your Small Business is Ready for a CPA.

Small business owners are used to assuming multiple roles within their companies including working on accounts and sales, human resource tasks, marketing and accounting. This …

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Take Advantages of Education-Related Tax Incentives

Tax time – it comes once a year, but unlike the holidays, it’s certainly not as festive or well-received. It can be an anxious period, …

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An Update on the Proposed Section 2704 Regulations

New regulations by the Treasury Department proposed earlier this year, formally entitled “Estate, Gift and Generation-Skipping Transfer Taxes; Restrictions on Liquidation of an Interest Regulations” …

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MSPC Named to the IPA 300 List

MSPC has been ranked #266 on Inside Public Accounting’s Top 300 Firms list.  The firm is proud to have moved up three spots from its …

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Brexit Is a Reality – Now What?

Brexit Is a Reality – Now What? By Jesper Rindboel, CFA, FRM – Portfolio Manager, 1st Global Investment Management Research Group (IMRG) With the U.K.’s exit …

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David Evangelista Named President of Foundation for Accounting Education

David Evangelista, CPA, a nationally-known employee benefit plans advisor and auditor, was recently elected president of the Foundation for Accounting Education’s (FAE) Board of Trustees.   …

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Why Aren’t You Maxing Out Your 401(k)?

Your 401(K)  may be the best retirement planning tool you have. Do you have a million dollars? At the moment, probably not. But if you …

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Shipping and Offshore Maritime Sectors Must Be Alert To Implications Of New US Lease Accounting Standard

The Financial Accounting Standards Board (FASB) in the United States has issued a lease accounting standard update following the release in January 2016 of an …

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New 2016 Healthcare Information Reporting Requirements

Background The Patient Protection and Affordable Care Act of 2010 (the “ACA”) imposes significant information reporting responsibilities on certain employers starting with the 2015 calendar …

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