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A recent private letter ruling allowing a taxpayer to make a late filed IRC Sec. 1045 election shows just how critical it can be to have tax advisors who are familiar with the intricate requirements for qualified small business stock.

North Carolina recently issued revisions to Directive TA-23-1, making important changes to its pass-through entity tax (PTET), also known as electing to be a “taxed partnership.”

The state passthrough entity tax credit (PTET) allows taxpayers to reduce their federal tax burden. California has a unique rule regarding PTET that may soon be changed to make it easier for taxpayers to qualify for the credit.

President Biden’s budget proposals include several provisions relating to the treatment of digital assets, including imposing an excise tax on energy used for digital asset mining and applying the wash-sale rule to digital asset transactions.

Tennessee recently enacted legislation to repeal the property measure of the franchise tax. This legislation, passed by the Tennessee House and Senate and expected to become finalized shortly marks a significant departure from the state's previous tax policies and heralds a new era for businesses operating within its borders.

This article outlines a recent Court of Federal Claims where the Court held that the taxpayer failed to prove that the requirements of IRC Sec. 1202 were met, and as such, was therefore ruled ineligible to exclude the gain from the sale of the stock.

 This article offers information regarding recent changes to Form W-9 -- the first update to the form since 2018. Of particular note is the addition of new line 3b that requires flow-through entities to indicate if they have foreign partners, owners, or beneficiaries.  

Learn how internal controls like separation of duties and audit trails in accounting software reduce fraud risk, helping companies safeguard against losses. 

A review of the Association of Certified Fraud Examiners’ Report to the Nations survey providing insight into the potential costs and financial impacts of occupational fraud on businesses.

A look at AI’s can enhance companies’ competitiveness within the consumer products industry. 

This article will look at the year ahead in life sciences, including technology, outsourcing, supply chain management, personalized medicine, preventative health care, and growth through mergers and acquisitions.  

Nvidia's latest earnings show AI is driving growth. Will the artificial intelligence boom continue? Read this article for key takeaways on AI’s current state and where it could be heading. 

Read EisnerAmper’s recap of the CNBC Delivering Alpha Investor Summit where panelists addressed investment trends amid inflation, rising interest rates, and the growing influence of AI.  

ISO 27701, an extension to ISO 27001, sets the standard for managing privacy information, providing a framework for implementing, maintaining, and continually improving an organization's Privacy Information Management System.

The outlook is positive for the alternative investment industry. Private equity and venture capital continue to be popular amongst allocators. Private equity is expected to continue to garner a lot of attention, both from investors and in terms of new launches.

Unregistered entities may avoid many requirements of the Advisers Act, but regulatory risk remains. Unregistered advisers can be subject to SEC action through rulemaking and enforcement. Failure to implement such a compliance program significantly increases an adviser’s regulatory risk.

The use of conversational AI for virtual assistants is substantially enhancing customer experience and brand loyalty. Here’s how.   

A deep dive into generative AI hallucinations, why organizations should be concerned, and how they should protect themselves.   

The need to accurately assess the risks associated with leveraging a SPAC to tap into the public markets and apply sound risk management practices to mitigate them is paramount. While there are a slew of risks SPAC investors face, regulatory, financial, and post-transaction risk are three areas SPACs should focus on where they should demonstrate robust risk management, ultimately fostering greater confidence in the marketplace.

Material weaknesses in internal controls can impact financial reporting and SOX compliance. Learn what constitutes a material weakness, potential impacts, and how to avoid or remediate deficiencies in internal controls over financial reporting