Quality and Internal Controls Go Hand-In-Hand

Many organizations are stunned when quality issues with their products or services seemingly arise overnight. Most recently, mortgage servicing companies ... read more >

W-2 Reporting of Employer-Provided Healthcare Costs Not Required for 2011


By Martin DiGiovine

The Patient Protection and Affordable Care Act, signed into law in March of 2010, includes a provision that requires the amount of employer-provided healthcare ... read more >

Congress Simplifies Cell Phone Deduction and Depreciation Rules


By Martin DiGiovine

As part of the Small Business Jobs Act of 2010, signed into law by President Obama on September 27, 2010, cellular telephones and other similar telecommunications ... read more >

AICPA Introduces 2010 Top Technology Initiatives Survey Results


By Eric Wright

Since 1990, the AICPA has been surveying business owners to gain a better understanding of the technology challenges that organizations are facing. This ... read more >

Does the New Health Care Bill Really Impose a 3.8% Tax on the Sale of Your Home? (Beginning in 2013)

Health Care|Tax

By Ron Kramer

We have received many inquiries from clients and friends of the firm regarding the veracity of claims that the new health care legislation will impose ... read more >

Proposed New Lease Accounting: A Joint Project between the FASB and the IASB


By Shawn Edwards

OBJECTIVE: To establish consistent principles for lessees and lessors to use when reporting information to financial statement users about the cash flows ... read more >

President Obama Signs Small Business Jobs Act Containing $12 Billion in Short-Lived Tax Incentives


By Ron Kramer

On September 27, 2010, President Obama signed into law the Small Business Jobs Act of 2010, (H.R. 5297). In addition to $12 billion in tax incentives (some of which impact both small and large businesses) designed to provide capital and create jobs, the 2010 Jobs Act...... read more >

Update on Marcellus Shale Severance Tax & Job Creation Credit Bill

On September 29, the House of Representatives passed a Marcellus Shale Extraction Tax and a Marcellus Shale Job Creation Credit Bill by a narrow 104-94 margin. The Bill (Senate Bill 1155) is now in the state Senate, where legislators will debate some of the following features of the proposed law.... read more >

2010 Small Business Jobs Act - Impact on Purchasing Trucking Equipment

The recently enacted 2010 Small Business Jobs Act (2010 Act) includes a wide-ranging assortment of tax breaks and incentives for small businesses. For asset-based trucking companies, the following should provide significant tax planning opportunities in the near-term:... read more >

Are You Taking Advantage of Available Tax Benefits?

In the wake of the ongoing recession, many manufacturers have been negatively affected by either a lack of demand for products or increased labor costs ... read more >