Court's Ruling Adds More Bite to Subpart F

The U.S. Tax Court of Appeals for the Fifth Circuit has recently ruled that Subpart F income should be taxed as ordinary income rather than as qualified ... read more >

My Tax Experience

Internship

By Xiaoyan Li

When I received my acceptance letter to intern at Schneider Downs, I was pleased, excited, and relieved. The interview process was finally complete and ... read more >

Construction, On the Road to Recovery in the Pittsburgh Region

Is construction on the road to recovery in the Pittsburgh region? According to a recent article in the July/August Breaking Ground magazine, the amount ... read more >

FASB/IASB Meeting Talks Revenue Recognition

IFRS

By Lauren Rodgers

Whether a corporation is foreign or domestic, they all have one thing in common: revenue and proper recognition of that revenue. Revenue recognition was ... read more >

What Being a Marketing Intern at an Accounting Firm is All About

Being a marketing major, I wasn’t aware that there were many opportunities for my major in a public accounting firm. When I talked to Schneider Downs ... read more >

Update on the Comprehensive Review of the IFRS for SMEs

IFRS

By Jenna Zelenski

Small and medium-sized entities (SMEs) account for more than 95% of all companies around the world according to the International Financial Reporting Standards ... read more >

Largest Homebuilders Report Positive Results

Construction

By Joe Bruce

In July 2013, the U.S Department of Housing and Urban Development released June residential statistics that confirmed what many of the largest U.S. homebuilders ... read more >

There's a policy for that!

If you spend five minutes talking with a CEO or CFO of a not-for-profit, they can probably rattle off a list of policies that their not-for-profit has, ... read more >

Ohio Ends Fiscal Year with a $2.2 Billion Surplus

According to reports from the Ohio Office of Budget and Management, Ohio closed fiscal year 2013 with a surplus of $2.268 billion. The surplus was mainly ... read more >

FASB and IASB Announce Formation of Joint Transition Resource Group for Revenue Recognition

IFRS

By Jenna Zelenski

On July 26, 2013, the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) announced that they will be creating ... read more >