Kansas has enacted a 2015 tax amnesty program. This program provides amnesty for all penalties and interest on unpaid taxes through December 31, 2013, if paid in full during the amnesty period of September 1, 2015 through October 15, 2015.
RubinBrown's Gaming Services team published its most recent industry update in the July edition of Casino Journal, a leading gaming industry trade journal. The update explains in depth why the calm winter and reviving economy yield strong first quarter commercial gaming revenue numbers.
On June 2 the GASB issued an exposure draft that provides guidance for irrevocable split-interest agreements. Split-interest agreements are a specific type of giving arrangement used by donors to provide resources to two or more beneficiaries, including governments. Split-interest agreements can be created through trusts or equivalent arrangements under which a donor transfers resources to an intermediary to hold and administer for the benefit of the government and at least one other beneficiary.
RubinBrown’s Construction Services Group recently attended the National Associated General Contractors’ (AGC) Financial Issues Committee meeting in Colorado Springs, Colorado.
An economic update provided by Ken Simonson, the AGC’s chief economist noted that jobs continue to be added in every segment of both residential and nonresidential construction with growing demand for both public and private sector services.