Our Thoughts On Archive

Maximizing Retirement Benefits for Key Employees

As a general rule, the Internal Revenue Code requires that a qualified retirement plan cannot discriminate in favor of highly compensated employees (HCEs)

Guaranteed Payments Are the Only Amount Subject to Self-Employment Tax, Right?

On Wednesday, April 12, the Tax Court issued a memorandum decision Castigliola¹ that addressed the self-employment tax characterization of income

Enterprise Software for the Growing Small Business

Does a small/medium-size business (SMB) need an enterprise software application, and will the cost outweigh the benefit? Let’s first define enterprise

Revenue Recognition: Software Industry

In connection with the Financial Accounting Standards Board Accounting Standards Update 2014-09, Revenue from Contracts with Customers, 13 issues were

UPDATE: Taxability of Software Related Services in Pennsylvania

Update: Please be advised that the Pennsylvania Department of Revenue has taken down the letter ruling referred to below that addressed the taxability