The Bottom Line
The Bottom Line is where Klatzkin’s advisors provide analysis and insight into key developments in taxation, accounting, and other issues and how they affect businesses and individual taxpayers.

Event Recap: Does Your Nonprofit Organization Have UBTI?

By AL MUELLER, CPA

On Thursday, October 24, 2019, Klatzkin Manager Michelle Martin, CPA, presented “Does Your Nonprofit Organization Have UBTI (Unrelated Business Taxable Income)?” at an in-house breakfast briefing to discuss the complex income rules.

Does Your Estate Plan Protect Your Digital Assets?

By JEANMARIE F. MOORE

Each year presents a new opportunity for you to revamp your estate plan. When the calendar turns over, take a peek at your strategy once again.

New Jersey Manufacturers Face Continued Challenges

By Klatzkin Tax Team

Manufacturers are struggling with attracting and retaining labor, increasing raw material costs and changing economic conditions. The survey findings provide excellent insight into what industry companies may expect to experience in the coming months.

The New Lease Accounting Standard Deadline is Fast Approaching. Is Your Nonprofit Ready?

By BRUCE S. LUDLOW

Nonprofits will see their leases in a whole new light as they begin implementing the Financial Accounting Standards Board’s (FASB’s) new lease reporting standards. As was revealed in early 2016, the FASB will soon require almost all entities, both for-profit and nonprofit, to start recording leases on their balance sheets and statements of financial position.

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