IRS Addresses Payroll Tax and W-2 Issues Related To Retroactive Increase in 2012 Transit Benefit (IRS Notice 2013-8)

Tax

By Ron Kramer

On January 17, 2013, the IRS issued guidance on the payroll tax and Form W-2 issues related to the retroactive increase in the monthly transit benefit ... read more >

Additional Payroll-Related Information for 2013

Tax

By Thomas Lisak

Pennsylvania Unemployment Compensation Tax The taxable wage base for employers has increased from $8,000 to $8,500 for the 2013 tax year. The taxable wage ... read more >

Preparing for the College Recruiting Process

It’s January. NCAA basketball is heating up. A new season of The Voice is in the works. You’re taking your required accounting classes. Your ... read more >

FASB Fast-Tracks Proposed ASU on Fair Value Disclosures for Nonpublic Entities

Audit

By Kurt Herdman

On January 7, the Financial Accounting Standards Board (FASB) issued a proposed accounting standards update (ASU) that clarifies the scope and applicability ... read more >

AMT "Permanently Patched"

Tax

By Carl Scharf

The dreaded Alternative Minimum Tax, or AMT, has been “permanently patched” as a result of the recent passing of the American Taxpayer Relief ... read more >

Not-For-Profits and Income Tax

Not-for-Profit

By Jason King

Many of our not-for-profit clients express surprise when accounting conversations turn to income taxes. Most presume that since they have a federal income ... read more >

Schneider Downs and Findley Davies Offer a Retirement, Employee Benefits and Health Care Forum

ERISA

By Mark Shumaker

Schneider Downs’ Employee Benefit Plan Industry Group and Wealth Management Advisors, along with Findley Davies will host a Retirement, Employee ... read more >

FBAR Filing Update: Deadline Extended for Certain Financial Professionals

Tax

By Mary Richter

The Financial Crimes Enforcement Network (FinCEN) of the US Treasury Department issued FinCEN Notice 2012-2 on December 26, 2012. This Notice further extends ... read more >

Year-End Participation in Oil and/or Natural Gas Drilling Programs

For many taxpayers, the decision to participate in an oil and/or natural gas drilling program is a near year-end event. However, waiting until the last ... read more >

The Results Are In: Schneider Downs Releases Its 2012 Manufacturer's Economic Survey Results

In November, Schneider Downs completed its 2012 Manufacturer’s Economic Survey. The survey was conducted to assess the challenges faced by manufacturing ... read more >