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Escrow Verification Services

TKW continues to expand it’s dedication to state and local governments though our vast service offerings—now including escrow verification services. Our reputation and relationships make this a natural extension of our “First Call” concept.

TKW Announces the Formation of the Gov. Tax Team

In response to increased IRS audits of municipal governments, TKW has formed a Governmental Tax Team. Our Team has identified areas where the Service has focused examination efforts, and developed an approach that anticipates problem areas, helping our clients proactively identify areas of vulnerability. Once identified, governments can then correct the situation and mitigate exposure to penalties if selected for audit by the IRS...

Closing Date for Homebuyer Credit Extended

On July 2nd, President Barak Obama signed the Homebuyer Assistance and Improvement Act of 2010, a bill primarily focused on extending the closing dates associated with the First Time Homebuyer Credit. The bill extends the closing date from June 30, 2010 to September 30, 2010 for any taxpayer who entered into a written contract to buy an eligible principal residence before May 1, 2010.

TKW Partner Rob Moody Receives Alaska License

The Firm hopes to leverage Rob’s background and expertise in governmental accounting, reporting and auditing to local governments in Alaska, as well as that of our entire team.

AARA Guidance Memo

A recent memorandum by the Office of Management and Budget (OMB) provides new guidance for recipients of Federal funds through the American Recovery and Reinvestment Act (ARRA) and entities which require an A-133 Single Audit...

TKW Partner Receives PBJ Orchid Award

TKW Partner Angelique Whitlow, wins Orchid Award at the Portland Business Journal's 2010 Women in Business Awards!

TKW Partners To Speak At ASWA Conference

Enterprise Risk Mgt for Govt.

The recent economic turmoil continues to draw significant attention to the multitude of risks organizations face as they pursue strategic goals. In some instances, risks far exceeded the organization's appetite and ability to bear those risks, ultimately threatening its sustainability. In response...

2009 Haiti Relief Deductible

Contributions made to charitable organizations for releif of victims of the January earthquake may be deducted on either your 2009 or 2010 income tax return. To qualify for deduction on your 2009 return, the contributions must be made after...

Is it time to change your accounting software?

Back when you first put that “Open for Business” sign on the door, you didn’t ask a lot from your accounting software. You probably selected an inexpensive application that performed general accounting functions and was user-friendly. Now, your business has gown and your needs have changed. Employees and managers have been hired, inventory has increased, your bank is asking for more information, and you have added other software to track data. Is it time to change your accounting software?

TKW Announces New Team Members

Talbot, Korvola & Warwick, LLP (TKW) is pleased to announce the addition of three new members to their audit team...

U.S. Dep. of Edu. Issues New Guidance

The Department of Education (ED) has issued new guidance titled “Guidance for Grantees and Auditors – State Fiscal Stabilization Fund Program”. The new guidance follows previous releases from the ED last spring and as incorporated into the OMB...

GASB 49 Implem Memo

Memo: Implementation Considerations for GASB Stmt. No. 49 - Local governments are beginning to consider the implementation of GASB Statement No. 49. The Statement addresses presentation and disclosure in the financial statements as a result of pollution...

Information coming soon!

Build America Bonds

Build America Bonds Excluded from the Scope of a Single Audit - Since the Recovery Act was issued, the GAQC has received numerous questions about whether Build America Bonds should be a federal award that would be subject to the single audit. In the last few days, the GAQC staff was informed by OMB that...

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Talbot, Korvola & Warwick, LLP (TKW) is pleased to announce the addition of three new members to their audit team...

Read More About Our New Audit Team Members

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