IRS suspends processing of ERTC claims
In the face of a flood of illegitimate claims for the Employee Retention Tax Credit (ERTC), the IRS has imposed an immediate moratorium through at least the end of 2023 on processing new claims for the credit.
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Sisterson was founded in Pittsburgh, Pennsylvania, and our headquarters is still located downtown in the city's first skyscraper, the Grant Building. Our firm has lived through the Great Depresson, the rise and fall of the steel industry, and the emergence of the technology sector in our city. We proudly serve clients outside of the region and around the country but we are truly a Pittsburgh-based firm.
A Rich History of Success Since 1926
Today, we we stand atop the shoulders of our founders, our employees, and all of the valued clients we’ve served, as we prepare to usher in our next hundred years. We’re proud of our history. And we’re thrilled about our future.
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For 96 years, our professionals have served clients large and small with the same standard of service.
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Before Your Nonprofit Celebrates That New Grant ...
Most not-for-profits believe they cannot afford to turn down offers of financial support. At the same time, such organizations should not blindly accept funding simply because it is offered. Some grants may come with excessive administrative burdens, cost inefficiencies and lost opportunities.
IRS Provides Transitional Relief for RMDs and Inherited IRAs
The IRS has issued new guidance providing transitional relief related to recent legislative changes to the age at which taxpayers must begin taking required minimum distributions (RMDs) from retirement accounts.
FASB Issues Guidance on Common Control Leases
The Financial Accounting Standards Board has issued Accounting Standards Update 2023-01 - Leases (Topic 842).