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20Aug2015

Goodwill Accounting for Private Companies

Last winter, private companies received a beneficial accounting update as a recommendation from the Private Company Council (PCC). On December 23, 2014, with thanks to the PCC, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014 -18. The new update gives private companies an alternative for recognizing intangible assets such as trademarks,
  • 20 Aug, 2015
  • Pogosian CPA
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07Aug2015

How to Survive an IRS Audit

One thing that will certainly send shivers of terror down the spine of any taxpayer is receiving a notification of an IRS audit in the mail. While this can be a nerve racking experience, there are ways to do deal with the situation and make it a less stressful process. Below are 5 do’s and
  • 7 Aug, 2015
  • Pogosian CPA
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