Succession Planning Best Practices

Planning is at the core of effective business management. There is almost no shortage of plans that management can make to ensure the vitality of the company.

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Key Details of President Trump’s Tax Plan

President Trump recently released his administration’s outline of proposed tax reforms and changes for 2017. The proposal contains significant and sweeping changes to the U.S. tax code which would simplify how Americans are taxed – both individuals and businesses.

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Georgia Sales and Use Tax Basics

More and more, businesses are selling to customers across to state lines thanks to the convenience of the internet. This can create confusion about out-of-state tax obligations.

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Audit, Review or Compilation – Which is Appropriate?

Many who aren’t familiar with public accounting tend to lump all assurance services in with the term “audit”. However, engaging an “auditor” doesn’t mean that an audit is necessary. While there are some similarities, financial statement review encompasses three distinct services – audit, review and compilation – with varying degrees of assurance, time involved and cost of service.

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2017 Pennsylvania Tax Amnesty Program

Over the last few years, state Departments of Revenue have stepped up enforcement of state and local tax collection. Enforcement efforts have focused on companies and individuals (both inside and outside the state) that may have an unpaid tax liability.

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Retirement Plan Startup Tax Credit

Offering a retirement plan to employees can sometimes make the difference between getting that great hire on board and loosing them to a competitor. This can be especially potent motivation for small employers.

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De Minimis Safe Harbor Election – Frequently Asked Questions

One of the most popular parts that raises questions is the de minimis safe harbor election. Using this election, a taxpayer can apply the safe harbor on amounts paid to acquired or produced tangible property to the extent that such amounts are deducted for financial accounting purposes.

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Preventing Fraud in Nonprofits

Nonprofit organizations are designed to serve the community through the advancement of policies and programs that benefit the public. Whether they are focused on social services, religious, education or have other purposes, the bottom line is service.

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