Mike and Greg have a featured article in this month’s edition of the Journal of MultiState Taxation and Incentives, on FASB’s Proposed Incentives Reporting Requirements and Tools for Identifying, Calculating and Complying with Statutory and Discretionary Incentives. In it they describe the new SCOUT Incentives Calculator, that is available at no charge on-line www.scouteconomics.com/calculator. They also discuss FASB Discussion Topic 832, ”Disclosures by Business Entities about Government Assistance”, which will force companies that are receiving government-sponsored incentives (both tax and non-tax) to track and report their value in annual financials for the first time. Visit our site again for updates on the status of Topic 832.

Click Here for Business Incentive Reporting and Compliance Tools and FASB's Proposed Reporting Requirement for "Government Assistance"