by Keiter CPA | Jun 14, 2024 | Articles
June 14, 2024 By Doug K. Nickerson, CPA, Partner Government Construction Contracts: Understanding REA In the complex world of government construction contracts, the term “Request for Equitable Adjustment” (REA) is an invaluable management and financial tool. These...
by Keiter CPA | Mar 27, 2024 | Articles
March 27, 2024 A case study in leveraging Section 1033 and 1031 Recently, a residential rental property owned by one of our clients was destroyed by fire. The house was a total loss. The tax basis in the house was $150,000, and our client will receive insurance...
by Keiter CPA | Feb 28, 2024 | Articles
February 28, 2024 By Keiter CPAs How Generative AI options are enhancing client experience AI and Machine Learning (ML) have made remarkable progress in various industries, and the financial services industry is no exception. With the generative AI boom brought on by...
by Keiter CPA | Feb 27, 2024 | Articles
February 27, 2024 Topic 606: A revenue recognition refresher for construction entities Since Topic 606 Revenue from Contracts with Customers was introduced, entities have had to evaluate transactions through the unified five step approach to determine when revenue...
by Keiter CPA | Sep 28, 2023 | Articles
September 28, 2023 Reporting requirements and restrictions are coming into effect The Securities and Exchange Commission (“SEC”) has adopted new rules for private fund advisors under the Investment Advisers Act of 1940 (the “Act”). These rules enhance reporting...