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Insights

FedEx Receives Favorable Ruling in Recent Court Decision

By Daniel Phillips | Sep 02 2010 | Transportation

The most recent federal court decision in late August is part of the ongoing battle between FedEx Ground and its drivers over the company’s classification ...

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Ready or Not, U.S. - GAAP and IFRS Convergence Is On Its Way

By Todd Lucas | Sep 02 2010 | IFRS

In recent months the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have made great strides toward ...

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Marcellus Shale Revenue: Boon or Bust for Exempt Social Clubs

By Debra Ries | Aug 30 2010 | Energy & Resources

The largely untapped natural gas reserves in the Marcellus Shale formation has resulted in tremendous interest in the exploration, development and drilling ...

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Bulk Sale Purchases and Seller's Tax Liability

By Emery Stewart | Aug 27 2010 | State and Local tax

When purchasing the assets of another business, purchasers must be aware of the respective state’s bulk sale provisions. Most states have laws and ...

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New Tax Amnesty Program in Illinois

By Matthew Dodge | Aug 27 2010 | State and Local tax

The governor of Illinois, Pat Quinn, signed into law an amnesty program for outstanding Illinois taxes. The amnesty program runs from October 1, 2010 ...

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