LUTZ BUSINESS INSIGHTS
revenue recognition + lease accounting + nfp update
The first presentation, led by Nate Hagge and Kyle Hofeldt, provides a thorough review of the New Revenue Recognition Standard and how to apply these new rules. The second presentation led by Katie Byrd, covers major areas of change from the existing lease standard, and an explanation of the new standard. And finally, the last presentation, led by Jody Decker, discusses new and proposed accounting and auditing standards and how they will impact not-for-profit entities and their auditors.
The Internal Revenue Service today announced that employees in 401(k) plans will be able to contribute up to $19,500 next year. The IRS announced this and other changes in Notice 2019-59 (PDF)…
This month’s retirement plan newsletter contains insights on IRS tips for plan sponsors, reasons to outsource fiduciary services, financial wellness programs, and more…
Lutz, a Nebraska-based business solutions firm, recently added 14 staff accountants to its Omaha and Lincoln offices…
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