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  • CECL update

CECL: An Overview

June 6th, 2019|Comments Off on CECL: An Overview

The current expected credit losses (CECL) journey began with the issuance of an exposure draft in 2010, continued with the issuance of a supplementary document in 2011, and an additional exposure draft in 2012. After [...]

  • capital gains

How Can Home Sellers Exclude Capital Gains Tax?

May 28th, 2019|Comments Off on How Can Home Sellers Exclude Capital Gains Tax?

U.S. tax laws have long offered incentives to people who own the homes they live in. Among the most generous of these incentives is the ability to reduce the taxable gain on the sale of [...]

Revenue Recognition Standard Industry Impact