News and Updates

Natural Disasters – Accounting for the Impact of Destruction and Contingencies

2017 has already proven to be a destructive hurricane season for America, and it isn’t over yet. Hurricane Maria is currently a very strong category 4 storm and just wreaked havoc on the Caribbean Island of Dominica and now has its sights set on Puerto Rico. Puerto Rico’s governor Ricardo Rosselló has already declared a

Property Damage/Casualty Loss from Recent Natural Disasters

As a reminder for all of our friends and clients with properties in Texas, the Texas Department of Housing and Community Affairs (“TDHCA”) rules require notification of a casualty loss within 30 days of the event. If your multifamily rental property sustained damage from Hurricane Harvey, there is a  “Property Damage from Hurricane Harvey” form

Tidwell Group announced plans to move its Atlanta office to The Palisades Office Park in Atlanta, GA on September 1, 2017

We are excited to announce that as of September 5, 2017, we have opened our doors at our new Atlanta location in more spacious and modern surroundings. The new location is more suitable for meetings, ample room for our continued growth and is more accessible to employees.  

New partners announced as Tidwell Group’s expansion continues

Tidwell Group, one of the nation’s fastest growing accounting and consulting firms, has taken another exciting step in its expansion with the promotion of three new partners in its audit, tax, and consulting groups.

Overview of Changes in Presentation of Financial Statements of Not-for-Profit Entities (Topic 958) – A Summary of Accounting Standards Update (ASU) 2016-14

Overview In response to feedback from the Financial Accounting Standards Board’s (FASB) Not-for-Profit Advisory Committee (NAC) and other stakeholders on existing standards for financial statements of not-for-profit entities (NFP), the FASB issued ASU 2016-14 in August 2016, which is the first of two phases the FASB has undertaken to improve the accounting and financial reporting

What You Need to Know – 2016 Accounting Update for the Real Estate Industry

Several Accounting Standards Updates (“ASU” or “ASU’s”) issued by the Financial Accounting Standards Board (“FASB”) became effective January 1, 2016. Many of these updates, which are now part of the Codification, will have a direct impact on the accounting and financial reporting of private real estate companies in 2016; whereas, a lot of them will