What Lies Ahead for Estate and Gift Tax Provisions
When the 2010 Bush tax cut extension was passed into legislation, it also established a temporary federal estate and gift tax regime for 2011 and 2012. But if Congress and…
Volume 2 Issue 3 | June 2012
New Private Company Council to Identify and Vote on Differences in U.S. GAAP for Private Companies
Volume 2 Issue 3 | June 2012, The Competitive Edge
In an effort to improve the standard-setting process for private companies, the Financial Accounting Foundation voted to create a Private Company Council (PCC) to identity differences in U.S. GAAP for…
IRS Issues New Tax Blueprint for Buildings
The Competitive Edge, Volume 2 Issue 3 | June 2012
The IRS recently issued lengthy and complex temporary regulations relating to business repairs and capital improvements. These new regulations cover expenses paid to acquire, produce or improve tangible property. They…
What to Cover in an Employee Manual
The Competitive Edge, Volume 2 Issue 3 | June 2012
If your company started out small but has grown in recent years, you may face new challenges from a human resources standpoint. For example, if you have not done so…