Classrooms to Clients

Throughout the past three years of college, the question that I have been most frequently asked is, “What’s your major?” After someone ... read more >

IRS Emphasizes Hardship Withdrawal Requirements for Plan Sponsors

The IRS may be putting additional focus on the handling of hardship withdrawals for 401(k) plans. In a bulletin dated April 1, 2015, the IRS cautioned ... read more >

Tax Deadlines: They're A Changin'

Tax

By Barry Kaufman

The highway funding bill was passed by Congress as H.R. 3236 on July 30, 2015. President Obama is expected to sign the bill. This bill changes more than ... read more >

Schneider Downs: A Pittsburgh Tradition

Internship

By Ed Kremmel

What is the first thing that comes to mind when someone mentions Pittsburgh? Many would think of things like the hardnosed sports teams, Heinz ketchup, ... read more >

Purchasing or Selling a Beach Home in Florida

In a recent Tax Court Memorandum decision (TC Memo 2015-95), a married couple was not entitled to deduct a loss on the sale of a seasonal home because ... read more >

IRS Advisory Committee Revisiting the Form 990

The IRS Advisory Committee on Tax-Exempt and Government Entities (ACT) released its 2015 report on June 17, 2015 detailing recommendations for consideration ... read more >

FASB Issues Final Standard Toward Simplifying Employee Benefit Plan Reporting

As part of its Simplification Initiative, the FASB issued Accounting Standards Update (ASU) No. 2015-12, Plan Accounting: Defined Benefit Pension Plans ... read more >

Form 990 Automatic Six-Month Extension and FinCEN Report 114 Change in Due Date Passed by the House and Senate

On July 28, 2015, U.S. Representative Bill Shuster (R-PA) introduced Legislation Bill H.R.3236 - Surface Transportation and Veterans Health Care Choice ... read more >

Corporate Executive Turnover

Senior leadership is a crucial component of any company. The senior management team is typically the face of the company and is responsible for overseeing ... read more >