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…
AIA to Enhance Tax Services to Members
The American Institute of Architects (AIA) is forming a new partnership with Engineered Tax Services, Inc. (ETS) to help architects better utilize federal, state and local tax incentives, including 45L credits, research and development (R&D) tax credits, Historical Tax Credits, and the Energy Efficient Commercial Building Deduction (Section 179D). “Depending on the project, architecture firms…
Dixon Hughes Goodman Admits Seven New Partners and Principals
Dixon Hughes Goodman (DHG), a U.S. top 20 public accounting and advisory firm, announced today that the firm will admit seven new partners and principals, effective June 1, 2019. The 2019 class of accomplished leaders is comprised of individuals from across all DHG regions. “I am proud of the hard work, tenacity and dedication shown…
DHG Named a 2019 Best Workplace in Consulting and Professional Services by Great Place to Work® and Fortune
Dixon Hughes Goodman LLP (DHG), a U.S. top 20 public accounting and advisory firm, is pleased to announce its ranking as a 2019 Best Workplace in Consulting and Professional Services by Great Place to Work and Fortune magazine. The rankings are based on feedback from more than 339,000 employees working at Great Place to Work-certified organizations in the Consulting…
