Posted on Wednesday, February 22, 2017 by Denny Murphy, CPA
The permanent extension of the R&D credit is a great wake-up call for those in industries ranging from manufacturing, construction and software development to aerospace, high-tech, biopharmaceuticals and others to sit up and take notice of their eligibility to apply for the tax credits.
Posted on Monday, February 20, 2017 by Crystal Schwendeman, CPA
With nearly 17 percent of the U.S. workforce made up of non-U.S. citizens (i.e, aliens), it’s safe to say that many companies face the struggle of correctly reporting the wages paid to foreign employees.
Posted on Tuesday, February 14, 2017 by Dawn Minotas, CPA
With tax deadlines quickly approaching, here are 5 tips to help small businesses fully benefit from proactive tax planning.
Posted on Friday, February 3, 2017 by Mark Thomas
Ohio Governor John Kasich is proposing some tax law changes as part of his final two-year state budget. The net effect of all proposed changes is an estimated $39 million tax cut over the two years. Changes would affect sales tax, income tax, cigarette tax, alcohol taxes, and gas and oil tax.
Posted on Thursday, February 2, 2017 by Marie Lenarduzzi, CPA
In some cases, taxpayers that develop software for their own internal use will be able to claim a research credit as long as the software meets a high threshold of innovation test and fits the definition of general and administrative functions.
Posted on Tuesday, January 31, 2017 by Erin Falk, CPA
Take a look at a summary of some of the more significant changes to the 2016 annual statements that preparers should be aware of.
Posted on Monday, January 30, 2017 by Jeremy Long, CPA, MBA
Let’s simplify the Accounting Standards Update 2015-09 with a summary of its key aspects of the disclosures.
Posted on Saturday, January 28, 2017 by Erin Falk, CPA
The National Association of Insurance Commissioners adopted substantive revisions to three statutory accounting principles that insurance companies should keep in mind during the New Year.
Posted on Thursday, January 26, 2017 by Steven Roby, CPA
Given the continued rise in regulatory requirements and technological transformation, it is a critical time for insurance industry leaders to begin planning for the looming talent gap inside their organizations.