Options Congress is Considering to Head-Off Social Security Insolvency 

Recent reports have raised new concerns about the impending insolvency of our Social Security program, absent any congressional action. Learn about the shortfalls in the system and some of the proposals on the table to tackle the short-term and long-term sustainability of the program. 

Mark H. Gaudet, CPA, CFP®, CAP®

Sales Tax 101:
A Reference Guide
for Multi-State Sellers  

Our CSH State and Local Tax (SALT team) has developed an 11-step guide to minimize your risk and ensure compliance with your sales tax obligation.

FASB Proposes Disclosure Rules For Certain Types of Cryptocurrency Assets

The Financial Accounting Standards Board (FASB) proposal would introduce the first explicit accounting standard on crypto assets into U.S. Generally Accepted Accounting Principles (GAAP). CSH expert, David Rich, highlights some of the proposed reporting requirements for cryptocurrency.

Sales Tax Compliance Consumes Hours of In-House Resources

Without the ongoing burden and uncertainty related to sales tax compliance, your financial management resources can work on more complex issues and proactive tax planning. Understand the cost of sales tax compliance: In-house vs. Outsourcing, in this side-by-side comparison.

A Cost Segregation Study Can Provide Much-Needed Revenue

You could be eligible to accelerate depreciation, or capture missed depreciation from a prior year. CSH’s cost segregation expert, Brendan Walsh, discusses cost segregation in more depth in this recent article.

New Regulations Clarify Which Vehicle Models Qualify for CV Credit

New IRS regulations limit the number of currently available vehicle models that qualify due to strict sourcing requirements that apply to CV buyers who take delivery of, on or after April 18, 2023. CSH tax expert, Zach Dech, explains more about the qualifying criteria in this recent article.

Top 8 Mistakes Companies Make Dealing with Sales Tax Compliance

Our CSH state and local tax experts have identified the top 8 mistakes companies make when dealing with sales tax collection, documentation, remittance, and filing. Not understanding the implications of online sales and changing state tax nexus can be costly and lead to harmful penalties.

Bittner v. IRS Decision Clarifies Meaning of "Violation" Under the BSA

The Supreme Court held that the Bank Secrecy Act’s $10,000 maximum penalty for the non-willful failure to file a Report of Foreign Bank and Financial Accounts (FBAR) accrues on a per-report basis, and not a per-account basis. Hear more about the key considerations in this high court ruling from CSH international tax expert, Lisa Wineland.

President Biden's Proposed 2024 Budget Outlines Several Major Tax Increases 

Many of Biden’s proposed tax provisions may be familiar and are recycled from prior budgets, but some are new, like the proposed tax hikes for Medicare funding. See our overview of all proposed tax changes and their impacts on taxpayers of various income levels.

Impacts of Adopting New CECL Rules

The implementation deadline for the credit loss rules, combined with the possibility of a recession, is expected to lead to a surge in credit losses among smaller financial institutions in 2023. In turn, a buildup of credit loss reserves is likely to impair earnings. Hear more from CSH experts, Eric Hanson and David Klopfer.