Insights Gallery

A check on tech: The rise of SOC reporting

By RSM US LLP | May 24, 2023

Requests for #SOC reports are on the rise. And they're only going to grow. Read our new e-book for a road map to simplified SOC reporting.

Why your company needs multifactor authentication

By RSM US LLP | May 24, 2023

Companies should use multifactor authentication as part of a layered security strategy that includes identity and access management which exceeds passwords.

Section 174: Lessons learned and key implementation considerations

By RSM US LLP | May 9, 2023

Companies must abide by new law change - RSM tax professionals will help you prepare.

Business Travel Expenses: Per Diem vs Actual Expenses

By Johnson & Sheldon | May 8, 2023

If your employees travel for work purposes, it’s important to understand the various methods of tracking and substantiating travel expenses so that you can maintain accurate records, control costs, and take advantage of potential tax benefits. Watch this video to learn about business travel expenses, per diem allowances, and how they affect employees and employers.

6 Misconceptions of a Revocable Living Trust

By Johnson & Sheldon | May 8, 2023

A revocable living trust, or RLT, offers many benefits, including probate avoidance, privacy, and flexibility in managing assets during one’s life, incapacity, and death. However, despite their popularity as an estate planning tool, there are many misconceptions surrounding revocable trusts that lead to confusion and misunderstandings. Watch this video to learn about the top six misconceptions.

FAQ: Capitalization and amortization of R&D costs under new section 174 rules

By RSM US LLP | April 25, 2023

See how the new required tax treatment of R&D costs under section 174 affects federal, state, and international taxes, as well as software development.

M&A considerations resulting from the new required tax treatment of R&D costs

By RSM US LLP | April 24, 2023

New requirements to capitalize and amortize R&D costs are affecting M&A buyers by introducing costs and tax liabilities.

Health savings account benefits for employees and employers

By RSM US LLP | April 12, 2023

Employee interest in health savings accounts (HSAs) has increased so employers should understand the benefits of offering them to employees.

IRS Dirty Dozen Top Tax Scams To Avoid

By Johnson & Sheldon | April 7, 2023

Each year, the Internal Revenue Service publishes its annual Dirty Dozen list of tax scams highlighting various schemes that put taxpayers and their financial well-being at risk. In this video, we'll provide an overview of five of the top scams on the list.

FASB issues ASU on leases between entities under common control

By RSM US LLP | April 5, 2023

FASB issues ASU responding to private company stakeholders’ concerns about applying ASC 842 between entities under common control.

The great deposit migration, moral hazard and a fragmented banking system

By RSM US LLP | March 27, 2023

The recent financial shock has exposed the underlying problem in the banking sector: A flawed regulatory framework treats small and medium-size institutions unequally compared to their largest competitors.

What does SECURE 2.0 mean for small employers?

By RSM US LLP | March 20, 2023

SECURE 2.0 changes retirement plan rules for small employers with 100 or fewer employees.

Monday - Friday: 8:00 AM - 5:00 PM
*Friday hours are 8:00 AM – Noon between Memorial Day and Labor Day
Closed Saturday & Sunday

Secure File Share

Facebook

Subscribe to Our Newsletter

Johnson & Sheldon, PLLC
Amarillo Location
500 S Taylor St Suite 200
Amarillo, TX 79101

Get Directions

Phone: 806-371-7661
Fax: 806-371-0529
Email: ebaten@amacpas.com

Johnson & Sheldon, PLLC
Pampa Location
2004 N. Hobart
Pampa, TX 79065

Get Directions

Phone: 806-665-8429
Fax: 806-665-8804
Email: fbeavers@amacpas.com

Johnson & Sheldon, PLLC
Hereford Location
119 E 4th St
Hereford TX 79045

Get Directions

Phone: 806-364-4686
Fax: 806-364-0826
Email: khollingsworth@amacpas.com

professional services+ collaborative badge-full color

We are clients of the RSM Professional Services+ Practice. As a client, we have access to the Professional Services+ Collaborative, a globally connected community that provides access to an ecosystem of capabilities, collaboration and camaraderie to help professional services firms grow and thrive in a rapidly changing business environment. As a participant in the PS+ Collaborative, we have the opportunity to interact and share best practices with other professional services firms across the U.S. and Canada.