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An Update on Ohio Oil & Natural Gas Activities

Much has been said in the news over the last year about the decline in the oil and natural gas industry in Ohio. The most significant factor impacting

Proposed Legislative Change to Foreign Real Property Investments

The Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) was enacted to ensure that gain attributable to the disposition of U.S. Real Property

Cybercriminals Download 104,000 Taxpayers' Files from the IRS

IRS Commissioner John Koskinen announced on May 26 that nearly 104,000 taxpayers have become victims of a sophisticated identity theft scheme involving

FASB Proposes Updates to the Recently Issued Revenue Recognition Guidance

In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers.
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Implementing the New Tangible Property Regulations - A Little Pain for a Lot of Gain

Now that we’re through the first wave of tax filings for the 2014 tax year, it’s a good time to reflect on our experiences in helping clients

Practical Considerations of International Business Seminar

Every day, clients call with questions relating to international activities. Often, clients inquire about sending money to a foreign subsidiary or pay

Not-for-Profit Reporting Model - Part 1: Two's Company, Three's a Crowd - FASB's NFP Proposal's Impact on Net Asset Classification

As we have written before, the Financial Accounting Standards Board (FASB) has issued its proposed Accounting Standards Update on the presentation of financial
Audit
Todd Lucas | 5.18.2015

FASB Looks to Add Consistency in Treatment of Breakage

On April 30, 2015, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) relative to the treatment of breakage
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Does a Service Based Economy Justify Expanding the Sales Tax Base to Services?

As Ohio and Pennsylvania currently debate their budgets for the upcoming fiscal year, governors John Kasich of Ohio and Tom Wolf of Pennsylvania have proposed,

The End of Tax-Exempt Status for NFL

The National Football League is ready to end its tax-exempt status. NFL Commissioner Roger Goodell informed team owners and U.S. Congress in his April
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