2013 Depreciation Limitations and Lease Inclusion Amounts for Automobiles

The IRS recently released Revenue Procedure 2013-21, which provides the depreciation limitations and lease inclusion amounts for automobiles used in a ... read more >

Are Taxpayers Becoming More Honest?


By Ron Kramer

On February 26, 2013, the Internal Revenue Service Oversight Board released its 2012 Taxpayer Attitude Survey. The report seems to indicate that taxpayers ... read more >

How Will the New Tax Legislation Impact Your Federal Income Tax on Rent and Royalty Income?


By George Adams

Effective in 2013, the Patient Protection and Affordable Care Act (PPACA) as amended by the Health Care and Education Reconciliation Act (HCERA) of 2010 ... read more >

Succession Planning at PNC: Lessons for Family-Owned Businesses

News outlets across the nation have announced the impending retirement of James Rohr, CEO and Chairman of PNC Financial Services Group. Effective as of ... read more >

State of the Union Address: President Calls for Economic Growth and Tax Reform


By Ron Kramer

President Obama’s State of the Union address Tuesday night called for more government spending and programs to bolster his efforts to expand economic ... read more >

Senate Democrate Propose "Buffet Rule" to Delay Sequestration


By Ron Kramer

On February 12, Senate Majority Leader Harry Reid, D-Nev., announced that he plans to introduce a bill that will further delay the drastic defense spending ... read more >

Captives Retain Benefits


By Paul Matvey

The captive insurance industry anxiously waited as Congress and President Obama negotiated its way from the impending fiscal cliff this past December. ... read more >

Employer Healthcare Mandate

The Patient Protection and Affordable Care Act was signed into legislation on March 23, 2010, and the United States Supreme Court largely upheld this legislation ... read more >

Your local tax forms are in the mail (hopefully your mail) and you have a filing requirement even if you do not receive it!


By Jim Gilboy

One of the pieces of mail that arrive every January or February, like credit cards bills with charges for your Christmas presents, is your local earned ... read more >

The American Taxpayer Relief Act of 2012 Indefinitely Extends Internal Revenue Code 127


By William Winter

The American Taxpayer Relief Act of 2012 (Act), signed into law by President Obama on January 2, 2013, indefinitely extended the popular exclusion for ... read more >