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Insights

Transportation

FedEx Receives Favorable Ruling in Recent Court Decision

By Daniel Phillips | September 02, 2010

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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IFRS

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

By Todd Lucas | September 02, 2010

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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Energy & Resources

Marcellus Shale Revenue: Boon or Bust for Exempt Social Clubs

By Debra Ries | August 30, 2010

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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State and Local tax

Bulk Sale Purchases and Seller's Tax Liability

By Emery Stewart | August 27, 2010

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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State and Local tax

New Tax Amnesty Program in Illinois

By Matthew Dodge | August 27, 2010

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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