ESOPs Fable

Article:  Once upon a time there were two companies, Hare Industries and Tortoise Enterprises. Both companies were reasonably successful, comfortably profitable, privately owned companies. Seeking ways to share ownership with employees, both company’s owners and managers sought advice from professionals.
Published on June 01, 2011

Carbon Accountant

Article:  Measuring, accounting and auditing greenhouse gas emissions potentially have opened up a whole new line of work for accountants. What do you think?
Published on June 01, 2011

Taxability of Debt Discharge Income

Article:  In the current economic climate, it is likely that practitioners are encountering more clients with debt discharge income than in the recent past. Often, the question that comes up is, is it taxable income and if it is taxable, how should it be reported? Taxpayers will sometimes receive a 1099-C
Published on June 01, 2011

Defense of Marriage Act What Should Same-Sex Couples Do

Article:  Although the Justice Department will no longer defend the constitutionality of the Defense of Marriage Act, the IRS is still bound by the Act’s requirements preventing married same-sex couples from filing joint federal income tax returns.
Published on June 01, 2011