Washington State Offers Tax Amnesty

The State of Washington is temporarily offering a waiver of all penalty and interest related to tax liabilities for the following: state and local sales ... read more >

IRS Offers a Second Chance to those Holding Assets Offshore

Tax

By Ron Kramer

On February 8, 2011, Internal Revenue Service (IRS) Commissioner Douglas Shulman announced a new (second) special voluntary disclosure initiative designed ... read more >

New Say-on-Pay and Golden Parachute Compensation Requirements Adopted by the SEC

On January 25, 2011, the SEC adopted new rules regarding shareholder approval of executive compensation and the golden parachute compensation arrangements ... read more >

Obtaining Proper Documentation for Payments to Foreign Persons

Are you making payments to foreign persons, whether or not the person is a related party? Are you maintaining the proper documentation for U.S. withholding ... read more >

Municipal Bonds Under Pressure

Harrisburg, PA has been in the news of late as a city that is struggling to stay out of bankruptcy. Because of this story, and stories of other U.S. cities ... read more >

Unemployment Compensation: The Government Wants Its Money Back

Tax

By Martin DiGiovine

Throughout the current economic crisis, record numbers of Americans have relied on unemployment compensation to provide for their families as they wait ... read more >

Nonprofit Recap - Fraud. It Couldn't Happen to Us. Could It?

As part of our ongoing commitment to providing timely, relevant educational outreach opportunities for our clients and friends, Schneider Downs recently ... read more >

IFRS for SMEs: International Financial Reporting Standards for Small and Medium Entities

Audit

By Trevor Warren

In late 2009, the IFRS Board finalized a stand-alone set of authoritative accounting guidance for small and medium-sized entities. This guidance was designed ... read more >

Why Understanding Tax Expenditures is Important to You

Tax

By Ron Kramer

There has been much discussion recently about the elimination of “tax expenditures” from the Federal budget in connection with the push for ... read more >

Nonprofits and International Financial Reporting Standards (IFRS)

I have been hearing one particular question over and over from my nonprofit clients: “All this talk about convergence of international accounting ... read more >