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Vrakas CPAs, Here Are Your Articles for Wednesday, October 09, 2019
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Navigating The New Lease Accounting Regulations: ASC 842

As many of you are aware, the Financial Accounting Standards Board has recommended that the new standard on accounting for leases be delayed for private companies by one year to 2021.

#VBCCUserConf

Our affiliate company, Vrakas/Blum Computer Consulting, Inc., has opened up their annual user conference to incorporate business related sessions in addition to all of their Sage learning sessions. Come for one. Come for all. 

Learn more & register today:

 www.v-bcc.com/2019-user-conference 

What's New With the Kiddie Tax?

So many tax provisions changed with the Tax Cuts and Jobs Act, passed at the end of 2017. The so-called kiddie tax changed as well. Click through for an examination of this complex provision and how it might affect you

How to Decode Box 1 of Form W-2

Form W-2 has many boxes, but Box 1 typically gets the most attention because it reflects the employee's total annual taxable wages. It can be surprisingly complicated. Click through for a primer on this box to make sure you're doing it right.

What Is an HECM Reverse Mortgage?

If you're looking for ways to supplement retirement income, you may want to consider a home equity conversion mortgage or HECM. Click through for specifics of this special kind of reverse mortgage.

3 Essential HR and Payroll Metrics To Track

How is the health of your HR and payroll departments? Staying on top of the right metrics will give you a heads-up. The trick is knowing which metrics to track. Click through for three HR metrics to watch closely.

Local Entertainment And Events Calendar

You'll always know where the fun's going on with our interactive local events calendar featuring social sharing, images, videos and ticket links. Click through to see what's happening or to add your own local events.

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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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