What the Frack?

“Fracking” sounds like a word we use when we don't want to swear in front of our children. But, in the oil and gas world, this is industry lingo for hydraulic fracturing, and “fracking” is a very hot topic in Ohio and the surrounding areas. Nishant Patel explains.... read more >

Multistate Tax Commission Proposes Controversial Uniformity Sales Tax Statutes

Despite opposing litigation, the Multistate Tax Commission is proposing two new sales tax statutes that consist of a sales/use tax notice and reporting model, as well as an associate nexus model, both of which would impact out-of-state sellers that do not currently collect sales or use tax on items delivered to participating states.... read more >

Marcellus Shale Drilling: Rapid Company Growth Can Bring Challenges

If your organization is fortunate enough to be involved in the Marcellus Shale drilling boom, you may have said to yourself, “Be careful what you ... read more >

Part Three: Equity Markets Will Be Volatile

The second step in my series on dealing with volatile equity markets is: Understanding Your Cash Flow Needs.... read more >

Hurricane Irene Blows the Deadline for OVDI to September 9, 2011

Tax

By Ron Kramer

The Internal Revenue Service (IRC) has announced that the August 31, 2011 deadline to comply with the IRS’s Offshore Voluntary Disclosure Initiative (OVDI) will be extended to September 9, 2011, because of the potential impact of Hurricane Irene.... read more >

Fixed Asset Management Software Can Improve Your Bottom Line

Technology

By Robert Morgan

How can software assist in properly managing your company's fixed assets? Robert Morgan provides a primer.... read more >

Taxpayers (Including Corporations) to Begin Receiving New Form 1099-K for 2011

Tax

By Martin DiGiovine

As part of an effort by Congress to close the tax gap, the 2008 Housing Assistance Tax Act added new section 6050W to the Internal Revenue Code (“IRC”). ... read more >

PCAOB Considers Mandatory Audit Firm Rotation

The PCAOB recently issued a Concept Release on Auditor Independence and Audit Firm Rotation to solicit public comments on enhancements to auditor independence, objectivity and professional skepticism. Steve Thompson explains why this matters.... read more >

Part Two: Equity Markets Will Be Volatile

Are you in the Retirement Red Zone or an Asset Accumulator? Nancy Skeans provides shares her insights on the critical issue: Understanding Your Financial Stage in Life. Second in a series.... read more >

Michigan Tax Reform - Corporate Income Tax Replaces the Business Tax

Michigan Governor Rick Snyder signed legislation to repeal the Michigan Business Tax (MBT) and adopt a new corporate income tax effective January 1, 2012. Tim Adams explains what this means to you.... read more >