Haiti Relief Donation Deductible on 2009 Return

Tax

By Martin DiGiovine

Cash contributions made to charities providing earthquake relief to Haiti, made before March 1, 2010, may be deducted on your 2009 tax return. The new ... read more >

New Budget Package Will Impact Coal and Oil/Gas Sectors

On Monday President Obama outlined a few details of his 2011 budget package. These details will have a significant impact on the coal industry as well as the oil and gas sector. Jeff Wlahofsky highlights a few key issues.... read more >

Pennsylvania's 2010 Contribution Rates Increase for Many Companies

Tax

By Jeffrey Wlahofsky

The PA Department of Labor & Industry mailed the 2010 contribution rate notices to Pennsylvania employers recently. Jeff Wlahofsky explains why many employers will see tax increases this year.... read more >

Ohio Commercial Activity Tax (CAT) - Jeopardy Assessments

When enacting the CAT statute, it appears that the Ohio legislature failed to include language authorizing the Ohio Department of Taxation to enter into ... read more >

Community Service: Giving of Your Time, Talents and/or Treasures

In today’s world, we are often made aware of the vast and enormous needs of many, and it may seem that one person can’t possibly make a difference. However, if we each give of our time, talents and/or treasures, the magnitude of our gift won’t be measured in hours or dollars, but rather in the hope others receive. While much is expected, that which you receive in return will be infinitely greater.... read more >

Downsizing Can Cause Partial Plan Terminations

ERISA

By Mara Bruce

The economic downturn that began in December 2007 forced many companies to downsize, cutting their workforces, closing plants and leaving many unemployed. ... read more >

IRS Issues Guidance on New Homebuyer Tax Credit for 2009 Returns

Tax

By Matt McKinnon

On January 15, 2010, the Internal Revenue Service issued Information Release 2010-6, providing filing guidance for eligible homebuyers claiming the first-time ... read more >

Construction Industry Outlook for 2010

After three straight years of decline in the U.S. construction market and a 40% drop in building activity, will 2010 provide more opportunities?... read more >

Pennsylvania's Governor Proposes Natural Gas Severance Tax

The possibility of a tax on natural gas produced in Pennsylvania has surfaced again. Proposed in Governor Ed Rendell’s speech in February 2008 as ... read more >