For the third month in a row, new orders fell in April 2016 from the same month a year ago, according to our latest survey of residential furniture manufacturers and distributors. New orders declined 3% in April from April 2015, after falling 2% in March and 1% in February. New orders declined for 69% of our participants up from 56% reporting declines last month.
The latest edition of BDO’s Real Estate and Construction Newsletter features key topics including national security compliance for cross-border mergers and acquisitions, risks for REITs, the 2016 real estate and construction tax and accounting roundup, how the digital revolution is impacting hotels, and global real estate trends.
As watchdog groups and other stakeholders continue to expect increased transparency from nonprofits, it’s become all the more important for organizations to prepare Form 990 as accurately and completely as possible. These publicly available forms can expose organizations to public scrutiny, but they can also leave the door open for preventable penalties from the IRS and state and local taxing authorities. Read the list below to learn about some of the hidden pitfalls in your Form 990 that you may never have noticed, but need to address.
We’re delighted to announce that we have added a Tax Director to our new Winston-Salem office. Jimmy brings years of experience to Smith Leonard and specializes in working with business owners for their tax planning and compliance needs, which includes family wealth planning and tax compliance for businesses in the manufacturing, distribution, construction, retail, real estate, and not-for-profit industries.