California Enacts Sales Tax Exemptions for Manufacturing and R&D

California Governor Jerry Brown, as part of his Economic Development Initiative, signed legislation enacting a sales and use tax exemption for manufacturing ... read more >

Pennsylvania Enacts Various Income Tax Changes

Following is an update to our previous Insight dated July 2, 2013, "Pennyslvania's Budget Update," which summarized the tax reform provisions ... read more >

Brazilian Business: Kicking Off to a Good Start

Set to host the 2014 World Cup and 2016 Olympics, Brazil is under the world’s microscope. However, these anticipated and renowned sporting events ... read more >

Pennsylvania Changes Tax Appeal Process

Pennsylvania enacted a new Tax Code bill (House Bill 465) that will result in changes to the tax appeal process in the Commonwealth. The Board of Finance ... read more >

New Hours of Service Rules for Truck Drivers

The Department of Transportation has issued new hours of service rules for truck drivers. The new rules, which took effect July 1, 2013, are intended to ... read more >

What Is the Foreign Corrupt Practices Act?

Congress enacted the U.S. Foreign Corrupt Practices Act (FCPA or the Act) in 1977 in response to revelations of widespread bribery of foreign officials ... read more >

Trends in Manufacturing Technology

The future of manufacturing is not going to be about stretched-out global supply chains connected to a web of distant, giant factories. It’s going ... read more >

Ohio Budget Bill (H.B. 59) is Enacted with Significant Tax Reform Provisions

Ohio Governor John Kasich recently signed a new, two-year state budget that includes significant state tax law changes. The biennial budget period begins ... read more >

My Internship Experience

Internship

By Brad Lalli

My goal from the beginning of my junior year at the University of Pittsburgh was to get myself an internship in public accounting for the summer. An internship ... read more >

Can Real Estate Professionals Deduct Rental Losses?

Generally, rental activities are treated as passive activities. Passive activity losses are generally permitted to be deducted to the extent of passive ... read more >