What You Need to Know About the New Lease Accounting Standard
In January of 2016, the International Accounting Standards Board (IASB) issued its new lease accounting standard, which has been in development for years with the Financial Accounting Standards Board (FASB). The FASB released its own version of the standard weeks later. While there are many details, nuances, and even differences between the IASB and FASB […]
IRS WARNS OF FORM W – 2 SCAM THAT TARGETS PAYROLL & HUMAN RESOURCES DEPARTMENTS
IR 2017-10 For the second year in a row, IRS has issued a warning about an e-mail scam that uses a corporate officer’s name to request W-2 forms from company payroll or human resources departments. IRS has received new notifications that this e-mail scam is making its way across the nation for a second time. […]
PA/NJ Reciprocal Tax Agreement Isn’t Going Anywhere
For nearly 40 years, the Pennsylvania/New Jersey Reciprocal Income Tax Agreement has made it possible for residents of New Jersey to work in Pennsylvania but only pay income tax to the state of New Jersey, and vice versa. Pennsylvania companies only withhold New Jersey income tax for New Jersey residents and report it to New […]
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