Insights & Resources

IBM has announced in-kind grants valued at $5 million to address cybersecurity in schools worldwide. School districts can apply online before June 21, 2022.

The Fifth Circuit Court of Appeals and the U.S. Court of Federal Claims held that the blends of butane and gasoline would not be eligible for the alternative fuel mixture credit.

On March 24, 2022, the Fifth Circuit Court of Appeals found the federal oil spill tax under IRC Section 4611(b) unconstitutional when imposed on exports of crude oil from the United States.

Like archaeologists using geothermal tools to pinpoint digging locations, forensic investigators have discovered how to use data analytics to help school districts narrow in on potential fraud, waste and abuse.

Welcome to your new role in your district’s internal audit department. As an audit professional, whether at the director or entry level, your first months on the job can be critical.

With travel to conferences and events picking up again, it is a good time to review your district’s travel guidelines and procedures.

For most school districts, preparations are well under way to make the transition from the old lease accounting to the new as required by the Governmental Accounting Standards Board (GASB) Statement No. 87, Leases.

“Flowback services” used to transition an oil and gas well to production after hydraulic fracturing are taxable as equipment rentals under the Texas Administrative Code.

For mid-stream oil and gas companies, vendor and procurement fraud is all too common and can lead to substantial harm.

Often, when budgets and financial performance are evaluated, fund balances and changes in fund balance are scrutinized.

The Biden administration has proposed a number of renewable energy tax incentives in its recently released Green Book on tax proposals for its fiscal year 2022 budget.

The Biden administration has proposed to repeal a number of tax provisions that encourage direct investment in oil and gas properties as a way to offset the costs of extending and expanding clean energy tax provisions.