Your organization might be interested in a private letter ruling in which the IRS approved a rare “win-win-win” for a unique charitable contribution plan. The plan was designed to encourage donations from a company’s top managers to its own employees in need. The facts: An international sales operation arranged to have a public charity...
Read more →On October 3, 2010 the SBA announced the implementation plan for the women’s procurement program. An accomplishment nine years in the making, Women Impacting Public Policy (WIPP) persevered and helped establish a fair program for women contractors to get their fair share of procurement dollars. Click here to link to a summary and learn more about this...
Read more →If certain requirements are met, a corporation can spin-off the stock of a controlled subsidiary to its shareholders without any tax at the corporate or shareholder level. But the requirements are strict. Here are some considerations for businesses to avoid expensive tax consequences. Breaking up a corporation with subsidiaries can be hard to do....
Read more →E. Cohen and Company, CPAs was recently named as one of the 2010 Best Accounting Firms to Work for. The annual list of "Best Accounting Firms" was created by Accounting Today and Best Companies Group. This survey and award program was designed to identify, recognize and honor the...
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