Texas Business Margin Tax-Logistics/Couriers

The Texas business margin tax was implemented for franchise reports due after January 1, 2008 and thereafter. This tax regime replaced the prior Texas ... read more >

Includible or Excludable Income for Nonresident Aliens in 403(b) Plans

In general, 403(b) plans sponsored by nonprofit organizations are subject to what is known as the “universal availability rule,” which requires ... read more >

IRS Explains How to Claim Expanded Work Opportunity Tax Credit For Qualified Veterans


By Gary Sliman

The VOW to Hire Heroes Act of 2011 (VOW), enacted November 21, 2011, added two new categories of veterans to the qualified veteran target group. The Work ... read more >

Pennsylvania Senate Passes Legislation Regarding "Base of Operations" for Business Privilege Taxes

Last week the Pennsylvania Senate passed legislation designed to clarify when a local municipality may impose its business privilege tax. Since the Pennsylvania ... read more >

Governor Corbett's Budget Focuses on Reform

In his 2012-2013 budget address, Pennsylvania Governor Corbett emphasized his commitment to reform by “continuing to change the culture of government ... read more >

Another Update on the Payroll Tax Bill (It May Pass When Money Grows on Trees!)


By Ron Kramer

Even on Valentine’s Day, there’s no love in Congress as House and Senate Conferees try to reach agreement to extend the Social Security payroll ... read more >

Nonprofit Government Funding

Last week Pennsylvania Governor Tom Corbett unveiled the proposed state budget for 2012-2013 of $27.1 billion. The budget included significant cuts in ... read more >

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 >