Tag: Revenue Recognition

Revenue Recognition Rule Changes Under TCJA

The Tax Cuts and Jobs Act (TCJA) contains a provision that ties revenue recognition for book purposes to income reporting for tax purposes, for tax years starting in 2018.

Revenue Recognition Standards 101

Revenue recognition accounting standards drastically changed for middle market nonpublic businesses, effective January 1, 2019, for those with a calendar year-end. What do we need to do to comply with these changes, and how do we get there? Read the article to find out.