IRS Releases Exempt Organizations Select Check


By John Kohler

The IRS has released a new research tool to help individuals and businesses gather information on tax-exempt organizations.... read more >

IRS Oversight Board Releases Its 2011 Taxpayer Attitude Survey


By Ron Kramer

On January 30, 2012, the IRS Oversight Board issued its 2011 Taxpayer Attitude Survey. The IRS Oversight Board has conducted this annual survey since 2002 ... read more >

A Nonprofit Asks: Who's Reading My Financial Statements?

If your organization is like most nonprofit organizations, your financial information is subject to multiple levels of review and scrutiny. The list of ... read more >

IRS Issues Long-Awaited Repair Regulations

On December 23, 2011, the IRS issued simultaneous proposed and temporary regulations to clarify and expand regulations under Code Sections 162(a) and 263(a) ... read more >

Updated Pending Legislation for Pennsylvania Marcellus Shale Impact Fee

On February 7, 2012, the Pennsylvania Senate approved a Marcellus Shale Impact Fee using a combination of parameters set forth in the bills proposed in ... read more >

New York Audits and LLC Issues

Companies operating in New York need to be aware of the state’s revenue shortfall and the tactics being employed by the state to increase revenues. ... read more >

The Importance of Accurate Business Modeling

Being able to accurately develop projections and financial forecasts is a critical financial planning skill for business owners. Purposes of developing ... read more >

Separate Powers of Attorney Needed for Married Couples


By Kathleen Myers

Beginning March 1, 2012, the IRS will no longer accept the old version of Form 2848 – Power of Attorney and Declaration of Representative. The new ... read more >

IASB Chairman Predicts That SEC Will Adopt IFRS


By Todd Lucas

International Accounting Standards Board (IASB) Chairman Hans Hoogervorst recently commented that he expects the SEC to adopt IFRS for U.S. issuers. This ... read more >

Uncertain Tax Positions - A look back


By Jay Meglich

The Financial Accounting Standards Board (FASB) issued interpretation 48 (FIN 48) in June 2006 with effective dates for public companies of fiscal years ... read more >