Understanding Capital Financing Leases

Accounting for Leases: Accounting Standards Codification (“ASC”) 842: Overview of Capital (Financing) Leases under ASC 842 Main changes from prior lease standard Under ASC 842, capital leases will now be called “financing” leases. Furthermore, the criterion for...

Illinois Issues Back to Business Grant

Further COVID-19 Relief for Businesses Illinois Governor JB Pritzker released an overall economic recovery strategy, including a $250 million Back to Business (B2B) grant initiative. The recovery plan aims to assist small businesses that experienced significant...

Help Your Japanese Spouse Retire in Japan by Using iDeCo

Support cross-border life From May 2022, if your Japanese spouse participates in Japan’s National Pension, he or she becomes eligible to participate in iDeCo. [i] (I am going to use “she”.) iDeCo’s name came from an Individual-type Defined Contribution pension plan....