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Doing the research – it’s in your nature. Read our blog to stay in the know.

New Lease Accounting Standards Could Affect Your Financial Statements

By wscpa | August 29, 2018
Author: Jonathan Hitter Rent your office? Leasing your copier or network services? If so, you’ve signed a lease agreement with a lessor and your financial statements will be affected by the new lease accounting standards approved by the Financial Accounting Standards…

W&S Volunteers at Cradles to Crayons

By wscpa | June 15, 2018
Walter & Shuffain, P.C.  volunteered at the annual CPA Day of Service on June 15, 2018, at Cradles to Crayons!   The MSCPA Day of Service encourages MSCPA members to get involved in their community through volunteerism projects.  The volunteers worked…

Angela Parziale: discussion leader on the value of women’s initiatives and being a mindful leader

By wscpa | June 1, 2018
Author: Jonathan Hitter The Tax Cuts and Jobs Act (TCJA) offers many taxpayers a break through corporate and individual tax rate reductions. However, the new legislation comes with a few thorns. One of the biggest surprises to business owners is the…

W&S Shareholder to Speak at Women’s Council of the RI Society of CPAs Event

By wscpa | May 7, 2018
W&S Shareholder Angela Parziale will be a discussion leader and head up a break-out session on the value of women’s initiatives and being a mindful leader in the workplace. The event will be held Thursday, May 17th, 2018 from 2:00 pm- 5:30pm…

Walter & Shuffain Featured in Journal of Accountancy

By wscpa | May 1, 2018
Walter & Shuffain shareholders, Angela Parziale, CPA and William Cooper, CPA, discuss with the Journal of Accountancy their homegrown leadership program that helps the firm advance its most promising people. Read the full article.

Congress Approves Sweeping Tax Reform

By wscpa | December 21, 2017
Author: Mark Ravera On December 20, 2017, Congress approved sweeping tax reform. The President is expected to sign the bill next week in its current form.  The bill in its entirety is 588 pages.  Please feel free to call us anytime…

What is a 1031 Exchange and Who Can Benefit from One?

By wscpa | December 19, 2017
Author: Eric Gashin, Shareholder The opportunity to defer tax is music to the ears of many. One option for those in the real estate industry is a 1031 exchange, also known as “Starker exchange” or “Like kind exchange.” Investors who…

New Revenue Recognition – 5 Steps You’ll Need to Know

By wscpa | December 19, 2017
Author: Jonathan Hitter, Shareholder The Financial Accounting Standards Board recently issued new revenue recognition guidance effective December 15, 2017, for public companies and December 15, 2018, for private companies. The new standard will affect all entities that enter into contracts to…

How the R&D Tax Credit Can Offset Payroll Taxes

By wscpa | December 19, 2017
Author: William Cooper, Shareholder Start-ups and small businesses customarily incur expenditures that may qualify for Research & Development (R&D) tax credits, but generally, these businesses don’t have the taxable profit needed to take advantage of the credit. The IRS issued guidance…

W&S Named one of Accounting Today’s 2017 Best Accounting Firms To Work For

By wscpa | December 6, 2017
Walter & Shuffain, P.C. was recently named one of Accounting Today’s 2017 Best Accounting Firms To Work For. Accounting Today partnered with Best Companies Group to identify the top 100 companies that excel in creating quality workplaces for employees. The…

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