Content contributed by Brightworth Financial As you read this, you’ve probably been bombarded with news about financial markets, lockdowns, and public health. While the current environment provides a time for us to connect with others to give comfort, others see an opportunity to leverage a crisis to exploit people through scams. In the last few…
Coronavirus Aid, Relief, and Economic Security (CARES) Act Signed Into Law
Dixon Hughes Goodman offers guidance related to the the Coronavirus Aid, Relief and Economic Security (CARES) Act that was signed into law March 27, 2020. The Act includes a significant number of tax and other provisions designed to support businesses and individuals impacted by the Coronavirus pandemic. Some of the Act’s provisions will provide opportunities…
Tips to Avoid Cybersecurity Attacks During the COVID-19 Pandemic
As the uncertainty surrounding COVID-19 impacts every aspect of daily life, it is important to remain vigilant against threats to the security of sensitive information. Cybercriminal activity increases when pandemics strike, as actors take advantage and prey upon fear and uncertainty. Phishing attacks via email, text message and phone calls are the most common, as…
A Contractor’s Guide to Documenting Revenue Recognition
Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers, Topic 606, commonly referred to as ASC 606, became effective for private companies for fiscal years beginning on, or after, December 15, 2018. Most financial professionals are familiar with the “five-step model” commonly used to implement ASC 606, but hidden within each of those…
45L Tax Credit – Congress Reinstates Tax Credit for Energy Efficient Homes
On Dec. 20, 2019, the Omnibus Appropriations Bill H.R. 1865 was signed into law. This legislation extended the New Energy Efficient Home Tax Credit under Code Section 45L through the end of 2020. The Code Section 45L credit is the applicable amount for each qualified new energy efficient home that is constructed by an eligible…
A Tax Change Order for Construction Companies
Join Kevin Dale Rayfield, CPA, Dixon Hughes Goodman (DHG) LLP at the NCACPA Symposium in Greensboro, NC on November 20 for an important session, A Tax Change Order for Construction Companies, for an update on tax reform as it relates to the construction industry. After one busy season, DHG will discuss what we currently know…
Spotlight: Aprille Bell, Dixon Hughes Goodman
GroundBreak Carolinas regularly features people who are making things happen in the construction industry. This week, we caught up with Aprille Bell with Dixon Hughes Goodman. She is the Office Managing Partner in Dixon Hughes Goodman’s Winston-Salem, NC office. Aprille joined the firm in 1991 and is responsible for maintaining client relationships, supervising audit engagement…
Cherry Bekaert Transfers Asheboro, N.C., Office Ownership
Cherry Bekaert LLP (“the Firm”) today announced it has reached an agreement to transfer ownership of its Asheboro, N.C, office to LBA Haynes Strand, PLLC, effective July 31, 2019. The announcement aligns with Cherry Bekaert’s strategy to establish greater specialization and depth in larger markets. After conducting extensive due diligence, Cherry Bekaert determined that LBA Haynes…
DHG Welcomes Amit Arya as Chief Data Officer
In a move that underscores its strong commitment to leverage data and analytics to help its clients, Dixon Hughes Goodman (DHG), a U.S. top 20 public accounting and advisory firm, is pleased to welcome Amit Arya to the role of Chief Data Officer. Amit will oversee DHG’s data and analytics strategy. He will also provide guidance on…
Dixon Hughes Goodman Leaders and Veterans Ring the NASDAQ Closing Bell to Honor Military Personnel with Veterans on Wall Street at the July 4th Holiday
Dixon Hughes Goodman LLP (DHG), a U.S. top 20 public accounting and advisory firm, is pleased to announce that its Risk Advisory professionals participated in the July 3rd ringing of the Nasdaq closing bell on behalf of Veterans on Wall Street (VOWS™). William “Bill” Rogers, Principal, and Ben Boulris, Senior Manager, rang the bell with approximately…
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Be Alert for Scams During Challenging Times
Content contributed by Brightworth Financial As you read this, you’ve probably been bombarded with news about financial markets, lockdowns, and public health. While the current environment provides a time for us to connect with others to give comfort, others see an opportunity to leverage a crisis to exploit people through scams. In the last few…
Coronavirus Aid, Relief, and Economic Security (CARES) Act Signed Into Law
Dixon Hughes Goodman offers guidance related to the the Coronavirus Aid, Relief and Economic Security (CARES) Act that was signed into law March 27, 2020. The Act includes a significant number of tax and other provisions designed to support businesses and individuals impacted by the Coronavirus pandemic. Some of the Act’s provisions will provide opportunities…
Tips to Avoid Cybersecurity Attacks During the COVID-19 Pandemic
As the uncertainty surrounding COVID-19 impacts every aspect of daily life, it is important to remain vigilant against threats to the security of sensitive information. Cybercriminal activity increases when pandemics strike, as actors take advantage and prey upon fear and uncertainty. Phishing attacks via email, text message and phone calls are the most common, as…
A Contractor’s Guide to Documenting Revenue Recognition
Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers, Topic 606, commonly referred to as ASC 606, became effective for private companies for fiscal years beginning on, or after, December 15, 2018. Most financial professionals are familiar with the “five-step model” commonly used to implement ASC 606, but hidden within each of those…
