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Best Practices: Internal Controls at Not-for-Profit Organizations

In Pennsylvania alone, there are 63,345 not-for-profit organizations that employ over 15% of the state’s workforce. These organizations generate

What to do When Fraud Occurs

The letter arrived in the mail two days after I saw the story on the news; my credit card had been used at a hotel that was hacked last fall. On a work

Don't Forget About Accounting Standards Update 2015-03 - Simplifying the Presentation of Debt Issuance Costs

Over the last couple of years, there has been a lot of discussion surrounding the new lease accounting and revenue recognition guidance that has been issued

Fringe Benefits - Manufacturing Tax Tips

A fringe benefit is a form of pay for the performance of services given by the provider of the benefit to the recipient of the benefit. An example would
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Revenue Recognition: Challenges in Implementing the New Standard

I’m sure by now you have heard there is going to be a little change in how practically all companies, including E & P companies, recognize revenue.

Record-High Manufacturing Optimism, Is Trump to Thank?

On March 31, 2017, National Association of Manufacturers’ (NAM) President and CEO, Jay Timmons, along with others from the manufacturing industry

Forecasts for Valuations

The Income Approach to business valuation is based on the principle that the fair market value of an entity may be measured by the present value of its

Guaranteed Payments Are the Only Amount Subject to Self-Employment Tax, Right?

On Wednesday, April 12, the Tax Court issued a memorandum decision Castigliola¹ that addressed the self-employment tax characterization of income
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Can a Vehicle-Related Benefits Program Reduce Costs?

A current issue within not-for-profit and governmental entities is whether it makes financial sense to provide vehicles to employees or to reimburse them
Tax Reform
Ryan Broze | 4.27.2017

The Trump Administration Reveals its Fundamental Principles for Tax Reform

In the White House’s briefing on April 26, it was made clear that tax reform is all about creating more jobs and growing the economy. The details
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