Hang in There: Update on Market Volatility

Six months ago, on August 15, 2011, I wrote the first of a series of Insights on how investors might deal with market volatility by better understanding ... read more >

Tax Reform Sets Sight on LIFO

Automobile

By Paul Matvey

Recently, the U.S. Department of the Treasury released President Obama’s framework for reforming the U.S. business tax system. This initiative once again puts LIFO clearly in the Treasury’s aim.... read more >

IRS Modifies Energy Savings Percentages for Energy-Efficient Building Improvements

Tax

By Ron Kramer

On February 23, 2012, the Internal Revenue Service (IRS) issued Notice 2012-22, Modification of Notice 2008-40; Deduction for Energy Efficient Buildings. ... read more >

Is Your Dealership Susceptible to Check Fraud?

Automobile

By Donald Owens

It requires little more than a personal computer, scanner and software to commit check fraud. In an Association of Financial Professionals survey, 71% ... read more >

2012 Foreign Earned Income and Housing Exclusions

Tax

By Joanne Silowash

Internal Revenue Code (IRC) Section 911 allows U.S. citizens or residents working abroad to exclude foreign earned income from U.S. taxation and to claim ... read more >

Pennsylvania Extends Keystone Opportunity Zone Act

Recently enacted legislation in Pennsylvania amends the Keystone Opportunity Zone (KOZ), Keystone Opportunity Expansion Zone (KOEZ) and Keystone Opportunity ... read more >

Keeping Good Records-You Can't Afford Not To!

On February 8, 2012, the Commonwealth Court of Pennsylvania (Commonwealth) issued an unfavorable ruling on a Pennsylvania trucking company’s appeal ... read more >

President Obama Releases A Framework for Business Tax Reform

Tax

By Ron Kramer

On February 22, the U.S. Department of the Treasury released President Obama’s framework for reforming the U.S. business tax system. Treasury Secretary ... read more >

Is Your Nonprofit Organization Actually an Investment Company?

In October 2011, the Financial Accounting Standards Board (FASB) issued two exposure drafts: Real Estate – Investment Property Entities and Financial ... read more >