From Struggle to Success

Internship

By Jordan Toohey

Thinking back on my senior year of high school, I thought I had it all figured out. I was a three-sport athlete who was offered a Division I soccer scholarship, ... read more >

Revenue Recognition Disclosure Requirements

With the forthcoming changes to the revenue recognition standard as part of Accounting Standards Update (ASU) No. 2014-09, Revenue From Contracts with ... read more >

Red Flags in Reasonable Compensation

Tax

By Jennifer Doering

How does an IRS agent determine that an organization might have a reasonable compensation issue? We can look to the Reasonable Compensation Job Aid for ... read more >

Root Cause Analysis and the 5 Whys to Eradicate Issues

What happens in your organization when an error is identified or a process produced unexpected results? How do you go about correcting the issue? If your ... read more >

Life is a Highway

Growing up, I had always set goals for myself that I would work hard to accomplish, whether it was making the varsity basketball team or earning an A on ... read more >

IRS to Revise Form 1023-EZ, Streamlined Application for Recognition of Exemption

On July 1, 2014, the Internal Revenue Service (IRS) introduced the highly scrutinized Form 1023-EZ, Streamline Application for Recognition of Exemption ... read more >

New Estate Tax Portability Relief

The federal estate tax provides a lifetime exemption of $5,490,000 (for 2017) per person. That means that the first $5,490,000 of assets owned at death ... read more >

Making the Most of My College Education

Internship

By Regan Salvator

As a senior in high school, I had no idea what I wanted to do after I graduated college. I went into my freshman year at Ohio University as an education ... read more >

IRS Grants Temporary Relief for Late Portability Elections

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 introduced a new concept known as “portability” to the ... read more >