The U.S. Is Becoming More Attractive for Manufacturing Firms

Conditions are improving in the U.S. manufacturing industry, which may lead firms to consider constructing new facilities or relocating their operations ... read more >

Federal Government's Appetite for Revenue Nibbles Away at Tax Deductible Meals

With apologies to William Shakespeare, a big tax question vexing many business owners these days is not, “To be or not to be?” but, rather, ... read more >

Pennsylvania 1099-MISC Update from the Department

Businesses and organizations have been struggling to implement the withholding and reporting obligations passed under Act 43 of 2017. Act 43 requires withholding ... read more >

Tax Reform Bill Includes Extension of Time to Repay Retirement Plan Loans

With sweeping tax reform going into full effect last month, many 401(k) participants are wondering how and if their plans will be affected. The answer ... read more >

Impact of Tax Reform on Professional Service Organizations

The Tax Cuts and Jobs Act (The Act) was signed into law on December 22nd and brings with it the most sweeping changes to the Tax Code in more than 30 years. ... read more >

Hardship Availability Due to Modification of Deduction for Personal Casualty Losses Under the Tax Cuts and Jobs Act

In general, the Internal Revenue Service’s hardship distribution regulations provide that a hardship distribution may only be made on account of ... read more >