Did you know that the NFL is a tax-exempt nonprofit?

by Steven Sodini 18. December 2012 08:23
Wastebook is an annual publication by Senator Tom Coburn, MD, of Oklahoma, of the Top 100 biggest wastes of taxpayer monies each year.  For the 2012 edition of Wastebook (which is the primary source for this discussion), the topic that Senator Coburn ranked #2 on his 2012 list may surprise many... [More]
Categories: Tax

Final Regulations On Medical Device Excise Tax

by Rocco Romano 14. December 2012 10:25
The Internal Revenue Service and the Treasury Department released final regulations on the medical device excise tax on December 7. The final regulations did not differ dramatically from the proposed regulations; however they did address a number of concerns raised by commentators during the pu... [More]
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PA Dept. of Rev. Improves Corporate Tax Processing

by Tom Guappone 12. December 2012 16:49
Beginning in March 2013, the department will transition processing of corporation taxes into its new integrated tax system.  According to the department, the system will improve tax processing across all state taxes through greater automation, improved data accessibility, and enhanced process u... [More]
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Year-end Tax Planning - Update on the Uncertainty

by Tom Current 7. December 2012 11:30
The nature of our tax code and its role in our political system is a prescription for uncertainty when it comes to year-end tax planning. 2012, however, takes the cake. This year will go down in history as having the most uncertainties ever relating to strategic year-end tax planning. Our tax speci... [More]
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Categories: Tax