Industry FocusOur firm has specialization in serving companies in a number of key industries including insurance, nonprofits, construction, manufacturing, SEC registered companies and professional athletes. Learn more about JLK Rosenberger and discover why so many across California and Texas have entrusted us with their audit, tax, consulting and business advisory needs.
News & Updates
Should You Make a “Charitable IRA Rollover” in 2016?
Last year a break valued by many charitably inclined retirees was made permanent: the charitable IRA rollover. If you’re age 70½ or older, you can make direct contributions — up to $100,000 annually — from your IRA to qualified charitable organizations without owing any income tax on the distributions.
California Film and Television Tax Credit
The state of California places great importance on its film and television tradition and the direct in-state spending and employment opportunities the industry generates. It backs that up by offering significant incentives when film and television producers choose to shoot their show in California or bring an existing series here.
U.S. Captive Market Continues to Thrive in 2015
The U.S. continued its growth of the number of captive insurance companies in 2015. Overall, the number of captives increased by 7% from 2014. Captive insurance companies are utilized as a popular risk management strategy and have been implemented by nearly all Fortune 500 Companies.
Updated Lease Accounting Standards
On February 25, 2016, the Financial Accounting Standards Board (FASB) issued ASU No. 2016-02, which is the culmination of a multi-year collaboration with the International Accounting Standards Board (IASB) to improve accounting for leases.