As we’ve previously discussed, sales and use tax compliance for construction contractors can be nuanced and complicated. Pennsylvania-specific issues are complicated enough, but what happens when contractors cross the border…
Be Aware of Changes to Individual Charitable Giving for 2022 Tax Year
It’s once again time to file your individual tax return. And it’s also time to take stock of the rule changes and new regulations implemented throughout the year that affect…
Franchise Benchmarking: Where to Start, What to Track and How it Affects Growth
Management guru Peter Drucker is famous for proclaiming, “You can’t improve what you don’t measure.” Wise words. But to derive any benefit from that wisdom in your business, you first…
What Your Board Should be Talking About, Part 3: Human Capital
Is your organization well-positioned with a deep bench of talent? Do you have the right skillsets to handle critical operations and strategic initiatives? Human capital is a major component of…
Deduction Changes and Required Capitalization of R&D Expenditures under Section 174
Deducting research and development (R&D) expenditures now looks different for companies, due to changes to Section 174 of the Internal Revenue Code. These changes were enacted as part of 2017’s…