Year-End Checklists...Do You Have One For Technology?

Technology

By Bob Whalen

Do you have a checklist of the steps necessary to perform closing journal entries, reports that need to be run, physical inventory, 1099 and W-2 forms being processed in the ERP (enterprise resource planning) system?... read more >

What Carried Interest Means to the Real Estate Industry

Real Estate

By Ryan Broze

A “carried interest,” also known as a “promoted interest,” is a financial interest provided to managers or developers as an incentive to aid/maximize performance of a partnership’s assets and/or investments.... read more >

An Early Holiday Gift from Congress

Tax

By Martin DiGiovine

On Thursday, December 22, 2011, Speaker of the House John Boehner reached an agreement with Senate leaders to pass the two month extension of the payroll tax holiday that he previously opposed. Both the House and Senate passed the bill on Friday December 23, 2011.... read more >

Will the Payroll Tax Holiday be Extended?

Tax

By Ron Kramer

“Twas the night before Christmas ……. …..and the Payroll Tax Cut is Stuck in the House! The holiday spirit for some 160 million ... read more >

Tips for Year-End Giving

Not-for-Profit

By Tod Wilson

This being the holiday season, most folks are in a giving mood. As such, let’s take a moment to review some of the tax rules related to charitable ... read more >

IRS Announces e-file Extension for 990 Filers

On December 16, 2011, the Internal Revenue Service announced that tax-exempt organizations with January and February filing due dates will have until March ... read more >

Pennsylvania Department of Revenue Issues Guidance Regarding Remote Sellers

Last week the Pennsylvania Department of Revenue (“Department”) released Sales and Use Tax Bulletin 2011-01 regarding the collection responsibilities ... read more >

Estate Tax Portability Lost Unless Form 706 is Filed

Due to a new concept known as “portability," estate tax return filings for decedents dying in 2011 and 2012 are expected to reach historic highs.... read more >

Protecting Your Organization from the Front Page

Not-for-Profit

By Amy Kletch

When an organization is in the news facing a significant threat to its reputation, it is important for all organizations to take a step back and ask, “What can we be doing better?” Amy Kletch reports from the Nonprofit group's recent seminar on this topic.... read more >

Proposed Regulations for Passive Loss Rules for Limited Partners and LLC Members

Tax

By Kathleen Myers

In response to several losses in court, the IRS is redefining a limited partnership interest under the passive loss rules. The IRS has issued proposed ... read more >