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Freed Maxick Service Delivery Update

We have implemented a phased approach for returning to our offices that allows us to modify our approach to service delivery as situations change without any service disruptions. In the meantime and in the interest of public health and the safety of our community, our teams will continue working remotely whenever possible to provide the same high-quality service you have come to expect. Utilizing state-of-the-art technology, we are committed to meeting all of your assurance, tax, and advisory needs to help you navigate a business environment filled with challenges and opportunities. To discuss a specific need that can’t be handled remotely, please contact your Freed Maxick representative directly.

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Topic: Lease Accounting Standards

Update on FASB Lease Accounting Standards for Private Companies
By Katy Al-Khalidi, CPA on July 19, 2019

Private companies likely to see delay in deadline for implementing new lease accounting rules. The Financial Accounting Standards Board (FASB, the Board) has proposed a one-year delay in...

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Tax Reform Impact: Seven Ways That Reform Will Affect Your Year-end Financial Statements
By Freed Maxick ASC 740 Group on December 20, 2018

Brief Overview of Tax Cuts and Jobs Act of 2017 Impacts on Tax Provisions The Tax Cuts and Jobs Act of 2017 (TCJA) changed a...

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Accounting Rule Changes: Six Ways That Recent Rule Changes May Affect Your Year-end Financial Statements
By Freed Maxick ASC 740 Group on December 20, 2018

It has been a busy year for the Financial Accounting Standards Board (FASB). A number of accounting rule changes have been...

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Tax Effects of Intercompany Asset Sales: FASB's New Financial Reporting Requirements
By Freed Maxick Tax on January 10, 2017

ASU 2016-16 Adds Transparency and Simplifies Reporting The presently prescribed method of accounting for income taxes on the sale of assets between affiliated companies (intra-entity...

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Samuel C. DiSalvo to Speak at the Knowledge Group’s ASC 740
By Freed Maxick on July 29, 2014

New York, NY, May 17, 2014 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Samuel...

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Asset Based Lenders Need to Understand the New GAAP Exceptions
By Freed Maxick Tax on May 19, 2014

Author: John Costello FASB releases new ASUs regarding alternate reporting methods but don’t worry – it’s good news for Asset Based Lenders! For a number of years, small businesses and...

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