When is a Debt Instrument Transformed into Equity? When the US Treasury Proposes So.

In response to the seemingly public trend of U.S. Corporate inversions and more companies looking for ways to defer paying US taxes on foreign-earned income, ... read more >

IRS 2017 Mortality Tables

ERISA

By Lara Fuller

In 2015, the Society of Actuaries updated the mortality tables to be used in calculating defined pension plans’ benefit obligations. At that time, ... read more >

An In-Depth Look at the FASB's Cash Flow ASU

It is no secret that the cash flow statement has long been a source of heartache for both preparers and regulators of public company financial statements. ... read more >

Keep Your Losing Tickets: Pennsylvania Lottery Winnings Are Now Taxed

For the first time in Pennsylvania’s history, cash prize winnings from the Pennsylvania Lottery (“the Lottery”) will now be taxed. On ... read more >

Yahoo Data Breach - What Happened, What To Do Next and How To Protect Yourself

Yahoo reported last Thursday at least 500 million user accounts were affected by a massive data breach. The hack happened in 2014, when hackers stole account ... read more >

Congress Stepping Up to Address Labor Shortage

The shortage of skilled laborers in the construction industry over the last handful of years has been well documented and well discussed. However, with ... read more >