The Financial Accounting Standards Board (FASB) recently issued an update, ASU 2017-04, Simplifying the Test for Goodwill Impairment, that is designed
Small and medium-sized businesses often struggle with finding business applications suitable for their needs. Often times SMBs are only left
Many depreciation provisions were made permanent by the PATH Act. More types of improvements are now eligible for these tax
As manufacturing and production processes have increasingly left the United States in pursuit of cost savings, Congress has sought to
In an effort to combat identity theft, the IRS and various taxing authorities are now requiring a drivers license number
There are few developments as controversial as cutting back on promised retirement benefits offered through company and multiemployer plans. The
The current income tax laws afford taxpaying corporations (“sub chapter C corporations”) a graduated tax rate regime similar to that
A recent Tax Court decision, illustrates, once again, the folly in filing inaccurate income tax returns and taking deductions that
Pennsylvania, as all states do, struggles to collect taxes due from all sources. This is especially true with respect to
An employee stock ownership plan (ESOP) is a retirement plan that is permitted to invest some, or all, of its
Taxpayers involved in “passive” business activities are generally permitted to use those losses to offset income generated by other passive
The GYF ERP Solutions Group team enjoyed interacting with other Pittsburghers at the NetSuite SuiteWorld conference, held in Las Vegas
