by H2R CPA Team The Pennsylvania Treasury reports that it is currently holding $2.3 billion in unclaimed property. It also estimates that one in ten Pennsylvania residents have unclaimed property waiting for them. Could some of this property be yours? Sources of unclaimed property include: Abandoned bank accounts Forgotten stocks and bonds Uncashed checks, including paychecks Proceeds … Read more
by Paul K. Rudoy, CPA/PFS Managing Partner, Paul K. Rudoy, CPA/PFS, shares his thoughts on the current issues faced by small and middle market business owners via Home Business Magazine. These issues include security, health care, tax rates and ROTHs.
by William M. Bodnar, CPA, MST, Tax DirectorAs an incentive for capital spending, accelerated tax deductions are now available for “Qualified Improvement Property” (QIP). QIP includes improvements to the interior of any nonresidential property after the building was originally placed into service, but may not include those to enlarge a building, any escalator or elevator … Read more