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Insights

Offshore Voluntary Disclosure Program Returns

By Nishant Patel | Jan 27 2012 | Tax Advisors

The IRS announced on January 9, 2012 in a news release that it will reopen the offshore voluntary disclosure initiative (OVDI) program for the third time since 2009. Nick Patel explains....

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Commonwealth Sales Tax Prepayment Requirements - Another Change?

By Jennifer Koehler | Jan 26 2012 | State and Local tax

As previously reported, in June 2011, the Commonwealth of Pennsylvania implemented changes requiring businesses reporting sales tax of $25,000 or more ...

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President Obama's State of the Union Address Calls for a Minimum Tax on the Wealthy and Multinationals

By Ronald Kramer | Jan 25 2012 | Tax Advisors

In the State of the Union address to Congress on January 24, President Obama proposed a minimum tax for millionaires and for multinational companies on ...

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IRS Releases New Repair and Capitalization Regulations for 2012

By Paul Matvey | Jan 25 2012 | Tax Advisors

The Internal Revenue Service recently released regulations designed to reduce the uncertainties and controversies that have existed for some time regarding ...

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Natural Gas Market Prices and the Related Market Outlook

By George Adams | Jan 25 2012 | Energy & Resources

Natural gas prices on the New York Mercantile Exchange (NYMEX) front-month Henry Hub futures index settled at $2.35 per million British Thermal Units (MMBtu) ...

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