Tax and Non-Financial Highlights of Governor Corbett's Proposed 2012-2013 Budget

To continue improving upon the Pennsylvania Department of Revenue’s administrative processes, Governor Corbett included the following proposed policy ... read more >

Tax Credits That Can Offset the Cost of Higher Education

Not-for-Profit

By Jim Gilboy

It is the time of year when many high school seniors are getting accepted to colleges. It is an exciting time for students and their families, but the ... read more >

Knowing When You Can and Cannot Benefit From a Cost Segregation Study

The U.S. Tax Court recently disallowed a taxpayer’s attempt to utilize a cost segregation study to modify costs that were allocated to assets under ... read more >

2011 Plan Reporting Brings More Fair Value Disclosures, While 2012 May Bring less for Non-Public Entities

ERISA

By Timothy Hammer

When preparing your 2011 plan financial statements, you need to make sure that you include more information relating to the fair value of your plan investments. ... read more >

Amending State Returns After an IRS Audit

Unfortunately for corporate taxpayers undergoing Internal Revenue Service (IRS) examinations, the receipt of the revenue agent’s report (RAR) does ... read more >

Incentives for Natural Gas Conversion of Fleet Vehicles

Governor Tom Corbett has signed House Bill 1950, the Marcellus Shale bill, into law. The law creates a Natural Gas Energy Development Program, which will ... read more >

Social Media Roundtable Offers 'Tools' for Construction Industry

The Master Builders’ Association of Western Pennsylvania (@MBAof WPA) recently hosted a social media roundtable and panel discussion for its members ... read more >

Ohio State and Ohio University Switching to Semesters

The advice The Ohio State University and Ohio University gave to incoming students two years ago was, “Make good choices now so you don’t experience ... read more >

Ohio Issues Use Tax Amnesty Payment Plan

Under House Bill 153, the Ohio Department of Taxation approved a no-interest payment plan under the consumer’s use tax amnesty program allowing eligible ... read more >

Payroll Tax Cut Extended Through 2012

Tax

By Martin DiGiovine

On Friday, February 17, the U.S. Senate and House passed a bipartisan deal to extend the 2% employee payroll tax cut through December 31, 2012. Details...... read more >