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Learn MoreAs we continue to navigate a challenging environment, one certainty remains: year-end tax planning is upon us. Now is the time to look back on your business performance, successes and challenges to determine how you can use those to best optimize your tax position for 2021 — while keeping a close...
Read MoreThe pace and intricacies of regulatory change in the investment industry are, at times, nothing short of overwhelming. Yet, organizations in this space need to have a clear understanding of evolving regulations, their timing and overall impact. To help you stay up to date, below is Cohen &...
Read MoreYour acquisition has deferred revenue, which you know how to treat. But guess what? The accounting rules have changed! Earlier this year, we posted a blog about where deferred revenue “goes” during an acquisition, focusing on the complex process of writing down that revenue as of the date of the...
Read More** Updated 11/15/21 ** On November 5, 2021, Congress passed the long-awaited Infrastructure Investment and Jobs Act, which was signed by President Biden on November 15. Below is a look at the two tax-related provisions included in the Act and their potential impact. 1. Crypto Asset Information...
Read MoreA critical component of any acquisition is ensuring business continuity throughout the integration, therefore easing the burden on your employees and allowing your business to realize deal synergies. The treasury function plays a critical role in that continuity. Understanding the current and future...
Read MoreEveryone loves a good tax credit, but Pennsylvania tax credits are especially popular among the state’s start-ups, and for good reason. Many of these credits can be sold on a secondary market for cash, including the Keystone Innovation Zone (KIZ) credit and the Research and Development (R&D)...
Read MoreIn the final installment of our series on leases, we offer lessees insights into the process of transitioning from ASC 840 to ASC 842 — focusing on available transition methods, practical expedients and policy elections. As the January 1, 2022, effective date for calendar year private companies...
Read MoreWe were honored again to host our annual Cohen Client Conference this past week. While the event was virtual, we had several hundred attendees join us online over two days, representing mutual funds, investment advisers, hedge funds, ETFs, digital asset funds and more. This year more than ever,...
Read MoreTraditionally fund managers have avoided most illiquid investments due to their perceived misalignment with the Investment Company Act of 1940. However, in recent years there has been a convergence in asset classes in search of new investment opportunities. With that, we have seen an increased...
Read MoreWhen rules and standards haven’t changed in almost 10 years, there’s certainly going to be much-needed clarification when new ones go into effect. That’s exactly what happened with the Global Investment Performance Standards (GIPS®). The CFA Institute announced in July 2019 the anticipated...
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