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What's New in the Blog

Clark Schaefer Hackett | IRS Extends Relief for RMDs and Inherited IRAs

Michigan Business Network
August 16, 2023 3:00 PM

IRS Is Extending Deadline for Rollovers of Distributions That Were Mischaracterized 

While the delayed onset of RMDs as part of the Secure Act and the Secure Act 2.0 is welcome news from an income tax perspective, it has caused some understandable confusion among retirees and has necessitated updates to plan administrators’ automatic payment systems. Learn how the IRS is helping retirees and plan administrators transition to the new provisions under the Secure Act and the Secure Act 2.0. in our recent article.

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Clark Schaefer Hackett | Giving USA- East Lansing

Michigan Business Network
July 21, 2023 10:00 AM

Clark Schaefer Hackett is hosting a presentation of the annual Giving USA report, featuring speaker Melissa S. Brown, Principal of Melissa S. Brown & Associates, LLC. The report is a valuable nationwide resource with benchmarking information for trustees, philanthropists, financial advisors, giving officers, nonprofit leaders, executive directors, and fundraising professionals.

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Clark Schaefer Hackett | SECURE 2.0 Rethinks Retirement

Michigan Business Network
July 19, 2023 12:00 PM

What key provisions of the Secure Act 2.0 will impact employee retirement plans over the next few years? 

The Secure Act 2.0 contains 92 provisions meant to improve employees' ability to plan for their retirement and motivate businesses to help make this happen.

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ICYMI: Clark Schaefer Hackett | Accounting Rules for M&A Deals are Complicated

Michigan Business Network
July 6, 2023 9:00 AM

3 Key Questions to Ask When Recording an M&A Transaction Under GAAP

Mergers and acquisitions (M&As) can be a quick way to grow your business, but the accounting rules for these transactions can be complicated, depending on how a deal is structured. CSH Transaction Advisory Services expert, Matt Gutzwiller, highlights three critical questions to ask when recording a transaction under U.S. Generally Accepted Accounting Principles (GAAP).

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Clark Schaefer Hackett | Accounting Rules for M&A Deals are Complicated

Michigan Business Network
June 28, 2023 6:00 PM

3 Key Questions to Ask When Recording an M&A Transaction Under GAAP

Mergers and acquisitions (M&As) can be a quick way to grow your business, but the accounting rules for these transactions can be complicated, depending on how a deal is structured. CSH Transaction Advisory Services expert, Matt Gutzwiller, highlights three critical questions to ask when recording a transaction under U.S. Generally Accepted Accounting Principles (GAAP).

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Clark Schaefer Hackett | Hedge Accounting Rules are Changing

Michigan Business Network
June 19, 2023 5:00 PM

How Hedging Can Be An Effective Risk Management Strategy 

During times of market volatility, hedging can be an effective way to counter changes in raw material prices, foreign exchange rates, and interest rates.

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Clark Schaefer Hackett | Social Security’s Future: The Problem and the Proposals

Michigan Business Network
May 30, 2023 11:00 AM

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®

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Clark Schaefer Hackett | Sales Tax 101: Reference Guide for Multi-State Sellers

Michigan Business Network
May 23, 2023 1:00 PM

Sales Tax 101:A Reference Guidefor 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.

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Clark Schaefer Hackett | FASB: Crypto Assets and LIHTC Expansion

Michigan Business Network
May 16, 2023 2:00 PM

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.

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Clark Schaefer Hackett | Should Your Business be Outsourcing Sales Tax Compliance?

Michigan Business Network
May 15, 2023 9:00 AM

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.

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