For nonprofit organizations heavily involved in fundraising and charitable activities, recognizing unrelated business income (UBI) and reporting it accordingly is critically important to maintaining tax-exempt status. In a previous post,…
Tax Tip: Gather W-9 and W-4 Info in Real-Time to Streamline Year-End Reporting
With so many deadlines demanding attention, business owners will often meet one and then put it in the rearview mirror as they move onto the next. While it is certainly…
Is Your Company Prepared for a Sales Tax Audit?
As state governments cast a wider net to identify much-needed tax revenue, sales and use tax reporting has received greater attention. Last summer, the Pennsylvania Department of Revenue launched a…
How Gov. Wolf’s 2017-18 Budget Proposal Could Impact Taxpayers
Against the backdrop of a current projected $700 million shortfall and a multibillion-dollar structural deficit, Pennsylvania Governor Tom Wolf yesterday delivered his budget proposal for Fiscal Year 2017-18. Outlining his priorities…
OECD/G20 Base Erosion and Profit Shifting Project, Action 13: New Reporting Required for Multinationals
Not a week goes by without news of controversy surrounding the international corporate structure of a major U.S. firm, be it Apple, Starbucks or Amazon. Each company has come under…
