September 2019

City Communication Technology
Cybersecurity Guidelines for the C-Suite in 2020

The C-suite worldwide is increasingly concerned about the growing risk of a massive cyber data…

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Proposed Income Regulations Provide Clarity for Accrual Method Taxpayers

On September 5, 2019, the IRS and Treasury released proposed regulations addressing the timing of…

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MFA Announces the Sale of Planet Fitness Franchisee Southfit to Taymax Group Holdings

The MFA Companies® is pleased to announce that Southfit Holdings, LLC, PF Jax Three, LLC…

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Accounting for Cloud Computing Implementation Costs: What Customers Need to Know

Accounting for implementation costs for cloud computing service arrangements has historically been complicated. ASU 2018-15…

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New Partnership Reporting Requirement: Negative Tax Basis Capital Account Information

The IRS now requires partnerships to report each partner’s tax basis capital on their respective…

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MFA Announces Kevin O’Brien As Newest Partner

The MFA Companies® is pleased to announce the promotion of our newest partner, Kevin O’Brien.…

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Treasury Notice: Proposed GILTI Regulations for Domestic Partnerships And S Corporations

On August 22, 2019, the Department of the Treasury and the Internal Revenue Service (collectively,…

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The MFA Companies® Acts as Exclusive Advisor to Aved Electronics in its Sale to Lithion Power Group

We are pleased to announce that Aved Electronics, Inc. was recently acquired by Lithion Power…

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