Are You Correctly Taxing Employees on the Use of Demos? If Not, You Can End Up Owing Uncle Sam More Than You Bargained For.

In Revenue Procedure 2001-56, the IRS provides guidance for the taxation of personal use of a demo vehicle. Basically, in addition to computing a W-2 inclusion ... read more >

Working from the Other Side of the Table - After 23 Years with the State

After working as a hearing officer with the Pennsylvania Department of Revenue for more than 23 years, I was invited to join the Schneider Downs State ... read more >

Benchmarking in Not-for-Profits

Not-for-profits often struggle when it comes to quantifying their performance results. Historically, nonprofit organizations measured the success of the ... read more >

PIOGA 2012 Eastern Oil and Gas Conference

The Pennsylvania Independent Oil & Gas Association (“PIOGA”) held its 2012 Eastern Oil & Gas Conference and Trade Show on August 28 ... read more >

Accounting for Nonprofit Agency Transactions with Donors

Prior to entering into an activity with a donor, it is critical that the nonprofit entity understands what qualifies as an agency transaction. In order ... read more >

Current List of Countries Requiring Participation in International Boycott Released: Now Includes Iraq

On August 15, 2012, the IRS published the updated list of countries that require or may require participation in, or cooperation with, an international ... read more >

IRS Announces Procedures for Nonresident Citizen Filing of Delinquent Returns

The IRS recently announced new streamlined filing procedures for nonresident citizens who have been living overseas and were not aware of their U.S. filing ... read more >

July 2012 Manufacturing Statistics

The Institute for Supply Management (ISM) publishes a monthly Report on Business, which provides key economic data on the manufacturing industry. The data ... read more >

Pennsylvania Sales Tax on Amazon.com Purchases

If you haven’t made an online purchase from Amazon.com yet this month, you might be surprised to find that Amazon is now collecting sales tax in ... read more >

Security is 2012's Top Technology Concern for CPA's

Technology

By Teresa Grady

Securing The IT environment is the top concern for AICPA members for 2012. Each year, the AICPA surveys members nationwide to delve into the core concerns ... read more >