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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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19Mar2015

Avoiding IRS Tax Audits

Many people, including those who are high-income earners, are increasingly experiencing in-person IRS audits and receiving more IRS correspondence. There isn’t one method for filing a tax returns that is assured to prevent an IRS audit. Certain things can be done to avoid incurring the cost, stress and time that result from an audit. Understand
  • 19 Mar, 2015
  • Pogosian CPA
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19Feb2015

Top 10 Most Common Tax Errors

  When dealing with a year’s worth of information, it’s easy to make mistakes. Luckily, modern software has taken a lot of the guess work out of filing your taxes, but there are still potential pitfalls to avoid. Each year, new incentives, acts and changes can cause errors on your form, costing you money or
  • 19 Feb, 2015
  • Pogosian CPA
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