On December 22, 2017, the Tax Cuts and Jobs Act of 2017 1 (the Tax Act or TCJA) was enacted. With a goal of simplifying…
National Bellas Hess v. Illinois was decided by the Supreme Court in 1967, and Quill Corp v. North Dakota upheld National Bellas Hess in 1992.…
Revenue Recognition OptionsCompanies with long-term fixed-priced contracts typically recognize revenue using one of two methods:The percentage-of-completion method, whereby income is recognized over the life of…
Laura Mardis, a manager in LaPorte’s Houston office, has been named this year’s Outstanding Young CPA by the Houston CPA Society, a chapter of the Texas Society…
GDPR is a buzzword that has been in the news frequently these past few months. GDPR, which stands for General Data Protection Regulation, affects more…
On December 22, 2017, the most substantial tax reform act1 (the “Act”) in over 4 decades was enacted. While a lot has been made about…
LaPorte interns Heba Judeh, Jaime Guichard, and Chris Ikner were all recently awarded accounting scholarships from the University of New Orleans. These scholarships offer funds…
The recently-passed Tax Cuts and Jobs Act (TCJA) represents more changes to the U.S. tax law in more than 30 years, and very few industries…
“ReBuild Houston” may have a problem. With one of the largest storm-related rebuilding efforts in American history underway in Houston, finding qualified workers may be…
(Dec. 22, 2017) President Trump has now signed the Tax Cuts and Jobs Act (H.R. 1) into law. This bill provides the most sweeping change…