Ohio Withholding Rates Drop Effective September 1, 2013

Tax

By Dennis Mowrey

All Ohio employers should begin using new state income tax withholding rates that take effect for payrolls ending on or after September 1, 2013. Employees ... read more >

IRS Simplifies Late S Corp and Other Elections

Tax

By Jim Gilboy

On August 14, 2013 the Internal Revenue Service combined parts of several revenue procedures that have been issued over the past 15 years into a new revenue ... read more >

Foreign Account Tax Compliance Act Delayed

On July 12, 2013, the IRS issued Notice 2013-43, revising the timelines for implementation of the Foreign Account Tax Compliance Act (“FATCA”) ... read more >

Post-DOMA Income Tax Planning Opportunities

Tax

By Carrie Urey

Many same-sex married couples will enjoy more rights following the June 26, 2013 U.S. Supreme Court decision in U.S. vs. Windsor. Under federal income ... read more >

Employer Healthcare Mandate Postponed

Under the heading “Continuing to Implement the ACA in a Careful, Thoughtful Manner” the Obama administration released the following statement: ... read more >

Pennsylvania Budget Update

As Governor Corbett signed Pennsylvania’s fiscal year 2013-14 budget into law, there were some notable absences, namely the tax reform provisions. ... read more >

Healthcare Reform: Required Notice to Employees Regarding "Marketplace" Exchanges

On May 8, 2013, the United States Department of Labor (DOL) issued guidance about the required notice that employers must distribute to employees during ... read more >

Tax Credit for Installation of Electric Vehicle Supply Equipment

Automobile|Tax

By Carl Scharf

Buried within the American Taxpayer Relief Act of 2012 was an extension of the tax credits for alternative fuel vehicle refueling property, more commonly ... read more >

IRS Releases Final Report in Connection with Colleges and Universities Compliance Project

The Internal Revenue Service (IRS) recently released its final report in connection with its Colleges and Universities Compliance Project. The initiative ... read more >

Apple in the Hot Seat

Tax

By Martin DiGiovine

Apple’s in the Hot Seat On May 21, 2013, the Senate Permanent Committee on Investigations held a hearing on how individual and corporate taxpayers ... read more >