GASB issued a new standard on April 2 that requires state and local governments to present direct borrowings and direct placements of debt separately from other types of debt in their statement note disclosures. This new standard mandates the disclosure of additional debt-related information for all types of debt (including amounts of unused lines of credit and assets pledged as collateral for debt).
The US has a tax burden of 22 percent of gross domestic product (GDP), a third (30 percent) lower than the G7 average (of 31.1 percent) shows research by UHY, the international accounting and consultancy network.
Cybercriminals typically increase their activity in the first part of the year through phone scams and email phishing schemes. These scammers try to obtain personal information using different tricks and tactics so they can file income tax returns and claim refunds on behalf of unsuspecting taxpayers. Some scammers may also allege a taxpayer owes taxes and aggressively demand payment for a quick payout.
UHY Advisors, Inc. (“UHY Advisors”), one of the nation’s leading professional services firms, announced the appointment of eight new managing directors: Thomas Bowen, Daniel Felstow, Amy Gallagher, Jeffrey Hare, Michael Kirby, Corey Massella, Bill Rausch and Warren Zafrin.
UHY Advisors, Inc. (“UHY Advisors”), a leading tax and business consulting firm, today announced it has expanded the size and capabilities of its accounting automation team and service offerings with the acquisition of the practice of Bright Point Consulting, a Raleigh, NC-based finance and accounting software implementation firm.
UHY Advisors and UHY LLP are proud to welcome members from UHY International, one of the largest global accounting and consultancy networks in the world, to the Motor City for the 2018 International Members Meeting to be held in downtown Detroit. The 2018 meeting will be the largest gathering of UHY International partners ever with representatives from over 90 countries coming together to conduct business, gain education and experience the great comeback in Detroit.
Growth in the number of businesses in the US has been outpaced by many other economies around the world in the last year, reveals a new study by UHY, the international accounting and consultancy network.
The UHY global real estate guide has been developed to provide property investors with information on rules and regulations from over 70 countries featured in the guide, covering areas such as real estate regulations (e.g. deduction of expenses and interests), tax rates (e.g. VAT, wealth tax and inheritance tax) and also touches on some tax planning techniques.
Executing new ideas in a conventional way is one of the key missteps we have seen people repeat when they are operationalizing a resilient organization. Convention tells you that to change an organization’s performance you need to change the organization by bringing together functions, capabilities and supporting technologies.
The "Big Six" issued their "Unified Framework for Fixing Our Broken Tax Code". The framework is intended to give a template for the tax-writing committees to develop tax reform. The framework is also consistent with President Trump's four principles for tax reform.