Income and support calculations in divorce

by Brett Fulesday, CVA As part of H2R CPA’s Litigation Support practice, we provide expert consulting and testimony services to assist counsel and their clients going through divorce and marital disputes.  Family-law attorneys often require these services on behalf of dependent and independent spouses in cases involving a variety of complex issues. Beginning with this … Read more

New Tax Rules for Meals and Entertainment

by Nate DeFilippi, CPA, MBA H2R CPA is pleased to provide a summary of the new rules regarding meals and entertainment tax deductions, signed into law with the Tax Cuts and Jobs Act of 2017. We recommend that businesses update general ledgers in accordance with these changes to plan for the 2018 tax year.  In general, the … Read more

PA Delays 1099-MISC Assessments

by Nate DeFilippi, CPA, MBA In response to a request from the Pennsylvania Institute of Certified Public Accountants (PICPA), The Pennsylvania Department of Revenue (DOR) has agreed to delay the implementation of new 1099-MISC withholding requirements. Act 43 of 2017 introduced a new and more complicated withholding requirement for Pennsylvania businesses. Beginning January 1, 2018, … Read more

New Nonprofit Reporting Requirements in PA

by Joseph M. Delisi, CPA, Principal Changes to Solicitation of Funds for Charitable Purposes Act under Act 71 Recently signed into Pennsylvania law, Act 71 increases the threshold for audits, reviews, and compilations of the financial statements required to be submitted by nonprofit organizations that are registered under the Charities Act in Pennsylvania. The new … Read more