Do you know how your company would respond to widespread flooding? What about an extended power outage? If you cannot answer these questions, you are not alone. Business owners invest…
Recent Insights
Pennsylvania Limits Sales and Use Tax Vendor Discounts
Vendors may now owe more sales tax to the Commonwealth, thanks to changes signed into law as part of Pennsylvania’s 2016-17 budget. Several tax increases and adjustments were included in…
Changes Ahead for Not-For-Profit Financial Reporting
On August 18, 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-14, Presentation of Financial Statements of Not-for-Profit Entities, aimed at making financial reporting less…
Days Numbered for Common Estate Planning Technique
Regulations that would restrict the use of a common estate planning technique are moving through the approval process in Washington, D.C. The U.S. Treasury Department and IRS earlier this month…
Taxes and Fees for Pennsylvania’s New Medical Marijuana Industry
In May 2016, Pennsylvania became the 24th state to legalize marijuana for medical use. The Commonwealth’s Medical Marijuana Act (MMA) authorizes use of the drug to treat 17 qualifying medical…