Smartphone Technology Prevents Man From Missing Flight

On a recent business trip to Philadelphia, I found myself in jeopardy of missing my flight back home. I didn’t have access to a printer that day, ... read more >

One Step Closer to Repeal of Three Percent Withholding

On November 7, 2011, the Senate voted 94-1 to move to the floor H.R. 674, the bill to repeal the law requiring contractors to pay 3 percent in taxes upfront, upon receipt of payment from federal agencies.... read more >

Senate Rejects Infrastructure Jobs Bill; Senate Democrats Move on to Vets Jobs Bill

Tax

By Ron Kramer

On November 3, the Senate rejected a motion to take up another piece of President’s Obama’s job bill by voting 51 to 49 on the measure. Since ... read more >

California Adopts Single-Sales Factor Regulation

Tax

By Gary Sliman

The California Franchise Tax Board has adopted a franchise and income tax regulation allowing taxpayers to use a single-sales factor for apportioning income ... read more >

U.K. to U.S: Don't Use Condorsement

Audit

By Todd Lucas

Countries have utilized several methods to implement international accounting standards. These methods range from adoption to condorsement and everything ... read more >

Export Warning: U.S. manufacturers' parts found in Iraq IEDs

CBS News has reported that The U.S. Department of Justice is warning U.S. manufacturers to be on alert for foreign-based customers who may not be who they ... read more >

Hours-of-Service Rule - Extension

During a regulatory briefing at the recent American Trucking Association Management Conference and Exhibition, it was mentioned that the Federal Motor ... read more >

Revenue Recognition Changes - Update

Construction

By Trevor Warren

Revenue is a critical component of an Organization’s financial statements and is a very important number to users of those financial statements and in most cases plays an important role in how users assess the financial statements.... read more >

Social Security Benefits to Increase in 2012

Tax

By Ron Kramer

Last week, the Social Security Administration (SSA) announced that monthly Social Security benefit checks for more than 60 million Americans will increase by 3.6 percent for cost of living adjustments (COLA) in 2012.  ... read more >

Housing Market Continues to Struggle, But Pittsburgh Metro Better Than Most

Construction

By Joe Bruce

In an October 2011 webinar, an Associated General Contractors of America (AGC) panel discussed current and long-term trends in residential homebuilding showing recovery several years off. Annual national housing starts continue to be in the 600,000 – 650,000 range (since 2009), which remains far below long-run estimated needs ranging between 1.5 million and 1.8 million annual starts... read more >