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October 1, 2014 Promotions

Briggs & Veselka Co. Proudly Announces Jason Sharp as a New Shareholder HOUSTON, Texas: October 1, 2014 –Briggs & Veselka Co. recently admitted Jason Sharp as a shareholder to the firm. On October 1st, he was acknowledged with this wonderful achievement. This accomplishment was achieved through his illustrious hard work and dedication to the firm. [...]


Trends in Restaurant Accounting

By: Christa Jaganath, CPA Audit Supervisor August is flying by so fast. Summer is coming to an end, kids are back to school, traffic is back in session, and yes, “restaurant week” is in full swing in Houston. It’s probably the best time to eat as much as you want and not feel guilty after [...]


Help B&V Help Houston

                      The Houston Food Bank feeds 800,000 hungry people each year by distributing food through nearly 600 hunger relief agencies in 18 southeast Texas counties.  The Houston Food Bank relies on the generosity of the community for donations of food and money to meet this [...]


Impact of DOMA on Qualified Retirement Plans

By: Natasha Erskine, CPA The Internal Revenue Service (IRS) recently released guidance on the effective date by which qualified retirement plans must recognize same-sex spousal rights as a result of the U.S. Supreme Court’s decision in United States v. Windsor (Windsor).  IRS Notice 2014-19 clarifies certain retroactive retirement plan implications of the Supreme Court’s Windsor [...]


Offshore Tax Compliance – Foreign Bank Account Reporting – New Streamline Filing Compliance Procedures

With the recent closing of the 2014 filing season for the Report of Foreign Bank and Financial Accounts (FBARs) which occurred on June 30, 2014, the IRS released changes to the Offshore Voluntary Disclosure Program  (“OVDP”) to ease the burden and encourage more taxpayers to come into compliance under the streamline filing compliance procedures. The [...]


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