Many popular tax credits and deductions for businesses have an unstable history, with periodic expirations and last-minute extensions that make tax planning unpredictable from year to year. A prime example…
Recent Insights
Fringe Benefit Changes and Updates for 2016
With the arrival of fall, employers are certainly looking ahead to calendar year-end deadlines and obligations. One annual year-end task is the accounting for and reporting of fringe benefits, which…
Unclaimed Property in Pennsylvania: Reportable Sooner and Increased Enforcement
Businesses and organizations that hold financial assets (like uncashed checks or forgotten bank accounts) or certain tangible items (including items left behind in safe deposit boxes) belonging to Pennsylvania residents…
PA Tax News: e-Statements Now Available, Amnesty Program in 2017
Two recent announcements from the Pennsylvania Department of Revenue (DOR) offer businesses taxpayers easier and expanded access to account information and give all taxpayers a limited-time opportunity to come into…
The 3 Keys to a Strong Internal Control Foundation
In its most simplistic form, the dictionary defines risk as “the possibility that something bad or unpleasant (such as an injury or a loss) will happen.” Just like each individual…