SEC Approves PCAOB Risk Assessment Standards

In December 2010, the SEC approved a new set of audit risk assessment standards proposed by the Public Company Accounting Oversight Board that will be ... read more >

Upcoming Changes for Flexible Spending Accounts (FSA): Over-the-Counter Reimbursements

A health FSA is an employer-sponsored benefit program in which an account, set up in an employee’s name, is used to reimburse the employee for certain ... read more >

Manufacturers, Are You Creating Nexus for State Taxes?

Due to evolving nexus standards for state taxes, manufacturers may be unknowingly creating filing responsibilities for many state taxes such as gross receipts, ... read more >

The Link Between Hedging and Risk Management

The use of financial derivatives in the market has grown directly with the changing role of risk management. Risk management has changed based on the coming ... read more >

New IRS Information Reporting for ISO and ESPP Stock Transfers

The Tax Relief and Health Care Act of 2006 requires new information return filing for certain stock transfers occurring after December 31, 2009. Internal ... read more >

More Target Date Fund Disclosures for Participants

ERISA

By Todd Lucas

In keeping with the recent theme of increased transparency and disclosure, the Department of Labor (DOL) proposed disclosure rules for target-date retirement ... read more >

2011 Special Filing Requirement for Pennsylvania Companies

Tax

By Gregory Allison

Every entity doing business in Pennsylvania, whether domestic or foreign, and whether a corporation, limited liability company, limited liability partnership, ... read more >

Developing Reliable Financial Models

There has been significant discussion among economists regarding the inability of various economic and financial models to predict or help anticipate the ... read more >

Social Security Payroll Tax Cut to Boost Take-Home Pay for Most Workers

Tax

By Thomas Lisak

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 reduces an employee's Social Security tax withholding rate in 2011 ... read more >