Household Income Rises, Yet Nobody's Spending

U.S. Income Rises, Yet Spending Remains Flat as Consumers Increase Savings The consumer spending rebound that many anticipated would begin in April continues ... read more >

House of Representatives Votes to Repeal Estate Tax

The federal estate tax, originally established as part of the Revenue Act of 1916, has been a feature of the American tax system for nearly a century. ... read more >

The Changing Role of the Car Salesman

Automobile

By Bob Bandi

The New Car Salesman Selling Strategies - The Customer Service Approach What will the new car salesman of the future look like? Today’s consumers ... read more >

Not-for-Profit Reporting Model - Part 2: Board-Designated or Quasi-Endowment Funds

In Part 1 of our NFP Reporting Model series, we discussed FASB's proposed ASU on the presentation ot financial statements of not-for-profit entities ... read more >

Windows 10 is the New Windows 7

Slated for release this summer, Microsoft’s latest operating system is packed with new features but also heralds a much-anticipated return to certain ... read more >

An Update on Ohio Oil & Natural Gas Activities

Much has been said in the news over the last year about the decline in the oil and natural gas industry in Ohio. The most significant factor impacting ... read more >

Proposed Legislative Change to Foreign Real Property Investments

The Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) was enacted to ensure that gain attributable to the disposition of U.S. Real Property ... read more >

Cybercriminals Download 104,000 Taxpayers' Files from the IRS

IRS Commissioner John Koskinen announced on May 26 that nearly 104,000 taxpayers have become victims of a sophisticated identity theft scheme involving ... read more >

FASB Proposes Updates to the Recently Issued Revenue Recognition Guidance

In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers. ... read more >