2014 Form 990 Schedule B Instructions Clearly Address Use of the Special Rule

In January, 2014, we published an article addressing the use of the special rule for reporting contributions on Schedule B, Schedule of Contributors, of ... read more >

Colleges and Universities Re-evaluate Cost-Cutting Approaches

Recent issues of the Chronicle of Higher Education have highlighted the fresh approaches that a few different schools have taken and how these approaches ... read more >

Governor Wolf's Proposed Corporate and Personal Income Tax Changes

Newly elected Pennsylvania Governor Tom Wolf released his initial budget proposal, and as anticipated, it contains several modifications to Commonwealth's ... read more >

Pennsylvania Budget - Proposed Sales Tax Changes

Pennsylvania Governor Tom Wolf announced his budget to the joint session last week and proposed an increase to the state sales tax rate and an expanded ... read more >

Next-Shoring: The Next Big Thing

First there was off-shoring (moving a production to emerging markets to take advantage of low-cost labor). Then there was re-shoring (returning production ... read more >

Governor Wolf Releases Pennsylvania New Budget Proposals

Pennsylvania Governor, Tom Wolf announced his new budget proposals. While ambitious, the proposals held few surprises to anyone who followed his campaign ... read more >

Update: Improvements to Financial Reporting of Employee Benefit Plan Accounting Are Coming

ERISA

By Jenna Zelenski

At a meeting of the Financial Accounting Standards Board (FASB) in November 2014, the FASB discussed three areas that are in need of simplification for ... read more >

When Should You Consider the New Mortality Tables?

Benefits|ERISA

By Lara Fuller

Most entities that sponsor defined benefit plans are aware that the Society of Actuaries released in October 2014 updated mortality tables to be considered ... read more >