On June 10, 2015, Nevada Gov. Brian Sandoval signed into law S.B. 483, which imposes an annual Commerce Tax on each business entity engaging in a business within the state during the tax year.

On January 5, the Financial Accounting Standards Board (FASB) published its accounting standard that changes how to recognize and measure financial assets and liabilities.

Manufacturers and distributors tend to invest heavily in equipment, technology upgrades and leasehold improvements. Depreciation from these assets can be a major deduction for tax purposes. 

The Risk Advisory Services Associate will be responsible for the day-to-day execution of objectives on smaller engagements. They should have an understanding of generally accepted auditing standards and common audit procedures and techniques.

Bonus depreciation allows businesses to recover the costs of depreciable property more quickly by claiming additional first-year depreciation for qualified assets.

The Securities and Exchange Commission (SEC) is asking for public comments on several key changes to its rules by the first quarter of 2016.

Join Weaver at the 2016 NAPE Summit on February 11th and 12th in Houston. We look forward to seeing you there.

The Risk Advisory Services Associate will be responsible for the day-to-day execution of objectives on smaller engagements. They should have an understanding of generally accepted auditing standards and common audit procedures and techniques.

When did your bank last review its valuation program for real estate collateral? Bank examiners today, still influenced by the real estate crises of the last decade, want to know that your institution is following all relevant rules and guidelines.

The Supreme Court of Texas recently agreed to hear a case on the issue of whether or not the downhole and below ground equipment used in oil and gas production could be considered exempt from sales tax.