• Skip to main content
  • Skip to the end
  • People
  • Services
    • Tax
    • Assurance & Accounting
    • Accounting Solutions for Business
    • Estates & Trusts
    • Business Advisory
      • Start-up Advising
      • Corporate Governance
      • Internal Control
      • Growth Management
      • Succession Planning
    • Valuation
      • Valuation Services
      • ESOPs
      • Start-up Funding
      • Stock Options
      • Valuation Process
    • Litigation Services
    • Benefit Plans
  • Expertise
    • Construction
    • Emerging Businesses
    • Family Wealth & Individual Tax Planning
    • International
    • Manufacturing & Distribution
    • Nonprofit
    • Real Estate
    • Recreation & Entertainment
    • Renewable Energy
    • Technology
  • Resources
    • Estate Planning Podcast
    • Estate Planning Year-End Check Up
    • Insight on Estate Planning Blog
    • Founder’s Pit Crew
    • International Tax Articles
    • Nonprofit Insights Blog
    • Tech Company Life Cycle Chart
    • Tech Blog
  • News & Events
    • ASL Talks
    • COVID-19 Articles
    • Newsletters
    • Press Releases
    • Media
  • Careers
  • About
    • About Us
    • Our Mission
    • Our Community
    • Associations
  • Contact
  • File Sharing
  • Pay Online
  • About
    • About Us
    • Our Mission
    • Our Community
    • Associations
  • Contact
  • File Sharing
  • Pay Online
ASL
  • People
  • Services
    • Tax
    • Assurance & Accounting
    • Accounting Solutions for Business
    • Estates & Trusts
    • Business Advisory
      • Start-up Advising
      • Corporate Governance
      • Internal Control
      • Growth Management
      • Succession Planning
    • Valuation
      • Valuation Services
      • ESOPs
      • Start-up Funding
      • Stock Options
      • Valuation Process
    • Litigation Services
    • Benefit Plans
  • Expertise
    • Construction
    • Emerging Businesses
    • Family Wealth & Individual Tax Planning
    • International
    • Manufacturing & Distribution
    • Nonprofit
    • Real Estate
    • Recreation & Entertainment
    • Renewable Energy
    • Technology
  • Resources
    • Estate Planning Podcast
    • Estate Planning Year-End Check Up
    • Insight on Estate Planning Blog
    • Founder’s Pit Crew
    • International Tax Articles
    • Nonprofit Insights Blog
    • Tech Company Life Cycle Chart
    • Tech Blog
  • News & Events
    • ASL Talks
    • COVID-19 Articles
    • Newsletters
    • Press Releases
    • Media
  • Careers
Search | Menu

Current Buzz

Cutting edge business wrap-up
Next
November 11, 2019

IDGT: This Trust Is Supposed to “Fail”

Trusts come in all shapes and sizes. However, from an income tax perspective, there are basically two types: grantor trusts and nongrantor trusts. Generally, with a grantor trust all trust income is taxed directly to the grantor — the person establishing the trust — and assets in the trust may or may not be included in the grantor’s estate. (more…)

Share Article
Print
Categories: Fall 2019, Family Wealth & Individual Tax Planning
Tags: Grantor Trusts, IDGT, Intentionally defective grantor trust, Nongrantor trusts,
November 7, 2019

Have You Implemented ASC 606?

By Becky Watson, CPA, Audit Manager
ASL Construction Group

The end of the year is coming fast and with it comes the requirement to adopt FASB ASC Topic 606 Revenue from Contracts with Customers by all calendar year-end private companies (this standard was applicable to public companies for calendar year 2018).  If you have not yet implemented the new accounting standard, here are a few items to consider. (more…)

Share Article
Print
Categories: Construction Corner, Fall 2019, Revenue Recognition
Tags: ASC 606, Becky Watson, construction companies, Performance-based Compensation, Revenue Recognition,

Categories

  • Execs & Owners
  • Holidays
  • Fall 2023
  • Real Estate
  • Valuation Services
  • Updates & Alerts
  • Business Taxation
  • Summer 2023
  • Family Wealth & Individual Tax Planning
  • Construction Corner
  • Fraud
  • International Business Issues
  • Winter 2023
  • tax
  • Individual Retirement Accounts
  • Renewable Energy
  • Tax Reform
  • COVID-19
  • Summer 2022
  • Audit & Accounting Errors, Myths & Guidelines
  • Fall 2021
  • Emerging Businesses
  • Summer 2021
  • Nonprofits
  • Winter 2021
  • Human Resources
  • Winter 2020
  • Fall 2019
  • Revenue Recognition
  • Spring 2018
  • Winter 2018
  • Operations Management
  • The Musings of our Authors

Archives

  • December 2023
  • November 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • March 2023
  • February 2023
  • December 2022
  • November 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • August 2018
  • May 2018
  • April 2018
  • February 2018
  • January 2018
  • November 2017
  • August 2017
  • May 2017
  • February 2017
  • November 2016
  • August 2016
  • June 2016
  • September 2014

subscribe:
asl advisor

Subscribe today to receive the ASL Advisor!

Sign Me Up!
Contact Us Join Our List Follow
Privacy Policy | Site Map | Design by HDSF
© 2023 Abbott, Stringham & Lynch - Silicon Valley CPA Firm - 1901 South Bascom Avenue, Suite 105, Campbell, CA 95008
Phone: 408-377-8700 - Fax: 408-377-0821 - info@aslcpa.com

Accounting | Tax | Audit | Consulting – Abbott Stringham & Lynch is a top 30 CPA firm serving San Jose, the heart of Silicon Valley and the greater Bay Area. Our experienced team offers audit, accounting, tax, valuation, and consulting services to companies and individuals. With expertise in the areas of real estate, construction, technology, nonprofit, emerging business, international, family wealth & individual, recreation and entertainment, and renewable energy. San Jose CPA – Silicon Valley CPA. Regretfully, we are unable to refund payments made through our online processing system.