Accounting


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FASB staff members issue implementation guidance ( www.fasb.org/q&a87.pdf ) on FASB statement no. 87, Employers’ Accounting for Pensions. The advisory addresses the impact the Economic Growth and Tax Relief Reconciliation Act’s expiration after 2010 will have on temporary exceptions the legislation permitted to IRC section 415(b) limits on the amount of payments a qualified defined benefit plan could make to its participants.

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A new line of business to consider

Technology assessments may open the door to new engagement opportunities for your firm. What is a technology assessment? How do you perform one? JofA Tech Q&A author J. Carlton Collins shows you in a detailed explanation.

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Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.