Best of MFA Insight Articles 2019

MFA Insight Articles: The Best of 2019

As 2019 comes to a close, we’re taking a look back at some of our most popular Insight articles of the year. From state & local tax changes (e.g. Wayfair) to cybersecurity guidelines and everything in between, here’s what our readers enjoyed most in 2019.

Tech Trends Dominate

With technology rapidly evolving, it’s no wonder tech trends were among our most popular topics of 2019.

  • Cryptocurrency: With the world of crypto investing still relatively uncharted territory, it is important to understand what cryptocurrencies are before investing or accounting for them. This primer examines cryptocurrencies such as Bitcoin and poses a number of questions related to taxation, financial reporting and valuation. Read more.
  • Accounting for Cloud Costs: With the emergence of cloud computing technology, businesses must understand how to account for costs when there is no physical possession of software. Read more.

Financial Reporting: Some Standards Delayed, Others Remain Complicated

In 2019, FASB officially delayed the implementation of several accounting standards, including the lease accounting standard. While many companies will enjoy more preparation time for leasing compliance, others are still working diligently to meet new standards to other requirements, notably revenue recognition.

Earlier this year, we reminded companies about a new subtopic under ASC 340 that relates to revenue recognition and applies notably to businesses who provide sales commission. Read more.

Nonprofits Use KPIs to Measure Success

In order to facilitate growth and fundraising and ultimately drive their missions forward, nonprofit organizations require an increasing focus on financial and organizational health. These key performance indicators (KPIs) are a good start and were popular with our nonprofit readers in 2019. Read more.

Retirement Planning: Tax Diversification Strategies

Diversification is an important principle of risk management when it comes to saving for retirement. Retirement plan sponsors should be helping employees think strategically about taxes and retirement. Read more.

Dealing with Unwelcome Surprises in M&A Transactions

We continue to see increased M&A activity and, as such, interest from customers who may be exploring a transaction in the near future. A popular article in 2019, this Insight explores the due diligence process and how to deal with surprises that arise during M&A activity. Read more.

Wayfair Keeps State & Local Tax Center Stage

The U.S. Supreme Court’s 2018 Wayfair decision continued to reverberate into 2019, with additional states enacting economic nexus thresholds and modifying existing sales tax rules. Read more.

Talent Acquisition: Good Advice for Employers Regarding Compensation

Competitive salaries are a crucial part of attracting and retaining the best employees. In today’s aggressive job market, it’s more critical than ever for companies to view employees as investments, not expenses, and maintain strong salaries to encourage retention and increase value. Read more.

QPRT Emerges as a Top Estate Planning Trend

Following tax reform legislation, which essentially doubled the estate and gift tax exemption for individuals, many families are taking advantage of opportunities to shield additional assets and implementing proactive tax-saving strategies. One such strategy is the use of a Qualified Personal Resident Trust (QPRT). Read more.

Cash Flow Optimization Strategies for Facilitating Growth

If growth is your company’s goal then cash flow is essential to your future success. This Insight highlights a number of practical strategies that can be deployed to enhance cash flow, including managing receivables, financial planning and analysis (FP&A) and refinancing & recapitalization. Read more.

Cybersecurity Stays a Top Concern

Cybersecurity concerns continue to plague businesses as they look to ward off security risks as well as comply with increasing regulations (e.g. CCPA in California). Our Guidelines for the C-Suite in 2020 was a top article for Insight readers in 2019 who are primed to tackle cybersecurity in the new year. Read more.

MFA Growth Continues: Our Newest Partner + Transaction News

Throughout 2019, MFA news remained popular. We announced member-related news, including our newest partner, Kevin O’Brien. Additionally, we were proud to share a number of transactions we helped facilitate, notably within the fitness franchise and electronics manufacturing industries. See more MFA news here.

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