The Governmental Accounting Standards Board (GASB) Statement No. 101, Compensated Absences, helps align the recognition and measurement guidance under a unified model and amends certain previously required disclosures. The statement refreshes t...

Tune in to Cherry Bekaert’s Private Client Services podcast for the second episode in our series on closely held businesses. In this insightful installment, we explore the complexities of business valuation, providing guidance on understanding ...

Join Cherry Bekaert’s Private Client Services podcast in the first podcast of our series for closely held businesses. In the first podcast, our team explores exit strategy essentials, diving deep into the world of closely held business transiti...

The federal estate and gift tax exemption is scheduled to sunset by the end of 2025, and it is imperative to begin planning today in order to protect your assets and minimize tax burdens in your estate plan. The first step is to rec...

Each year, as the tax filing deadline nears, it is important to identify your projected tax payments and when to pay them [LJ1] so you can avoid submitting inaccurate tax returns. Staying up to date with the most recent...