SAS 70 Reports Now Service Organization Control (SOC) Reports

SSAE 18/SOC

By Holly Russo

Service Organization Control (SOC) Reports (formerly known as SAS 70 reports) are internal control reports on the services provided by a service organization. ... read more >

What's That Quacking Noise We Hear?

Tax

By Ron Kramer

On Monday, November 15, Congress returned from its midterm election recess to begin its lame duck session. What have we heard so far? President Obama makes ... read more >

The National Commission on Fiscal Responsibility and Reform Issues Draft Proposal

Tax

By Ron Kramer

On November 10, the co-chairs of the National Commission on Fiscal Responsibility and Reform (the Debt Commission) issued a draft of its proposal to reduce ... read more >

Is the AMT Patch On It's Way?

Tax

By Ron Kramer

On November 9, leaders of the House and Senate tax writing committees wrote a letter to the IRS Commissioner, Douglas H. Shulman, pledging to do everything possible to enact alternative minimum tax (AMT) relief for 2010... read more >

Deadline Set for Noncorporate Taxpayers to Take Advantage of the 100% Exclusion on Gain from the Sale of Qualified Small Business Stock

Tax

By Martin DiGiovine

The Small Business Jobs Act of 2010, enacted on September 27, 2010, excludes 100% of the gain on the sale of qualified small business stock held by noncorporate ... read more >

Deferring Income Associated with the Sale or Lease of Mineral/Gas Rights

Real Estate

By Ryan Broze

With the increase of gas drilling in the Marcellus Shale region, many Pennsylvania landowners are being approached to either sell or lease the rights to ... read more >

2010 Tax Changes and Extensions

Tax

By Dennis Loughran

To prepare for the upcoming tax-time busy season, we typically use the November and December period to touch base with our clients to inquire about their ... read more >

Schneider Downs Hosts Executive Roundtable on Strategic Planning

The challenges of strategic planning was the topic of the latest executive roundtable sponsored by Schneider Downs Business Advisors. Sixteen local business ... read more >

Mastering SAS 70 Audit Reports for Service Organizations

SSAE 18/SOC

By Holly Russo

Steve Thompson, Audit Shareholder, and Holly Russo, Internal Audit Senior Manager, were speakers in a Strafford webinar entitled "Mastering SAS 70 ... read more >

IRS Issues Pension Plan Limitations for 2011

ERISA

By Mara Bruce

Each year, plan sponsors need to make sure that their qualified benefit plans meet various compliance requirements. These compliance requirements include ... read more >