Insights
Not everything in the accounting and financial world is black and white. Much is left to interpretation coupled with experience. At KHA, we know our clients value our perspective and guidance. We therefore not only see it as our duty to share regulatory updates, but also our commitment to share our insights on matters that impact you, our clients.
Topic
![Preparing for state section 174 differences](https://kha.cpa/wp-content/uploads/2023/01/KHA-Feature-Internal-Revenue-Service-IRS-Building-803-1024x576.png)
State conformity to section 174 and potential congressional action require taxpayers to plan ahead and stay flexible as compliance season approaches.
![Making the right choice to manage your transition to ASC 842](https://kha.cpa/wp-content/uploads/2023/01/KHA-Feature-_management_card-Blue-1024x576.png)
With the ASC 842 lease accounting deadline approaching quickly for private companies, organizations must act now to implement an effective solution.
![State taxation of digital assets evolves as legislatures return](https://kha.cpa/wp-content/uploads/2023/01/KHA-Feature-Columns-lower-view-833-1024x576.png)
State digital asset tax policy progressed in 2022 and could make further strides in 2023, despite decreased enthusiasm for certain digital assets.
![Key takeaways for employers under the SECURE 2.0 Act of 2022](https://kha.cpa/wp-content/uploads/2023/01/KHA-Feature-Family-walking-outdoors-806-1024x576.png)
SECURE 2.0 Act significantly changes the tax rules governing qualified retirement plans and individual retirement accounts (IRAs).
![IRS announces updated Reference Standard for section 179D](https://kha.cpa/wp-content/uploads/2023/01/KHA-Feature-ral_insight_card-Blue-1-1-1024x576.png)
New standards affirmed for energy efficient commercial buildings deductions, but old standards apply for several more years.
![2023 annual revenue procedures updates for exempt organizations](https://kha.cpa/wp-content/uploads/2023/01/KHA-Feature-ral_insight_card-Blue-1024x576.png)
IRS 2023 annual revenue procedures have limited changes affecting exempt organizations.
![FASB Proposes Changes to Lease Accounting Rules](https://kha.cpa/wp-content/uploads/2022/12/KHA-VideoCover-FASB-Proposes-Changes-to-Lease-Accounting-Rules_CT-13069-1024x576.jpg)
The Financial Accounting Standards Board recently issued a proposed Accounting Standards Update for Leases (Topic 842). The update addresses related-party arrangements between entities under common control. This video provides an overview of the proposed changes.
![With no year-end tax package, businesses face unfavorable changes](https://kha.cpa/wp-content/uploads/2022/12/KHA-Feature-ral_insight_card-Blue-1024x576.png)
Businesses must contend with several unfavorable tax changes after no significant business tax provisions appeared in a year-end omnibus package.
![Tax withholding for equity compensation](https://kha.cpa/wp-content/uploads/2022/12/KHA-Feature-ompensation-card-Gray-1024x576.png)
Employment and income tax withholding rules for equity compensation
![The battle for retention: What do workers want?](https://kha.cpa/wp-content/uploads/2022/12/KHA-Feature-Business-meeting-531-1024x576.png)
With middle market companies focusing on employee retention, a new RSM survey details how workers currently feel and what they want in the workplace.
![Schedules K-2 and K-3 draft instructions for tax year 2022](https://kha.cpa/wp-content/uploads/2022/11/KHA-Feature-ral_insight_card-Blue-1024x576.png)
Pass-through entities and partners alike should understand the compliance changes associated with the IRS's recent release of updated draft Schedules K-2 and K-3.
![10 smart moves for real estate investors and operators at year’s end](https://kha.cpa/wp-content/uploads/2022/11/KHA-Feature-Building-327-1024x576.png)
As we close the books on 2022, RSM’s real estate senior analyst Scott Helberg shares 10 important year-end resolutions for real estate investors to consider
![Five Steps to Recognizing Revenue in Financials](https://kha.cpa/wp-content/uploads/2022/11/KHA-FeatureImage-Buildings-10-779-1024x576.png)
The FASB and IASB have provided standards for properly recognizing revenue in your financials. Using a five step process, companies recognize revenue based on the value and timing of when control of the goods and services are transferred to the customer. Learn about the standards and how to properly recognize revenue for your company.
![Year-end tax planning considerations](https://kha.cpa/wp-content/uploads/2022/11/KHA-Feature-Internal-Revenue-Service-IRS-Building-346-1024x576.png)
Tax planning considerations for businesses and individuals approaching the end of 2022.
![IRS makes statements on CARES Act Employee Retention Tax Credit risks](https://kha.cpa/wp-content/uploads/2022/11/KHA-Feature-Internal-Revenue-Service-IRS-Building-801-1024x576.png)
On Oct. 19, 2022 the IRS issued a news release warning employers to be wary of third parties who have ramped up campaigns to try and get employers to claim the CARES Act Employee Retention Tax Credit (ERTC) when they may not actually qualify.