Developments Near the Edge of the Fiscal Cliff

Tax

By Ron Kramer

After a late afternoon meeting with President Obama on Thursday, December 13, House Speaker John Boehner left Washington for his home state of Ohio, seemingly ... read more >

Tales from the National Construction Industry Conference

Recently, members of the Schneider Downs Construction Industry Group attended the National Industry Conference in Las Vegas. The conference encompassed ... read more >

Postcard from Schneider Downs Annual CPE Events

Schneider Downs Alumni in Pittsburgh Cocktail Reception in Columbus In what has become an annual tradition, more than 350 clients, alumni and friends ... read more >

New Unearned Income Medicare Tax Imposed Beginning in 2013

Tax

By Mark DiPietrantonio

Under current federal law, the Medicare payroll tax only applies to wages. Beginning in 2013, a Medicare tax will, for the first time, be applied to investment ... read more >

Modification of Impact Fee for Vertical Wells

The Public Utility Commission (PUC) has modified the impact fee provision of Act 13 for vertical gas wells to exclude these wells from the three-year minimum ... read more >

FASB/IASB Revenue Recognition Update

IFRS

By Ryan Deatrick

The FASB and the IASB have been formally working on a revenue recognition project since September of 2002. This joint effort culminated in an exposure ... read more >

Risk Management and Wealth Transfer - Revisiting Captive Insurance Companies

Captive Insurance companies have been around for a long time. Many folks believe that they are only used in “mega- size” organizations or certain ... read more >

The Fiscal Cliff and Nonprofits

The impending “fiscal cliff” which has been the hot topic in the news recently, has the potential to not only hit the wallets of all taxpayers, ... read more >

Proposed Revisions to Single Audit Requirements

Audit

By Trevor Warren

In March 2012, the Office of Management and Budget (OMB) issued for comment proposed guidance titled: Reform of Federal Policies Relating to Grants and ... read more >