The IRS has recently announced the cost of living adjustments that will affect the dollar limitations for pension plans and retirement-related items for the...Read More
Deciding to migrate from a paper-based record keeping system to an electronic alternative offers a business many advantages. These advantages include saving physical space,...Read More
One of the most frustrating internal control processes for accountants and auditors alike is the dreaded company credit card and employee expense reimbursements. You...Read More
In March 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update, 2017-07, Compensation – Retirement: Improving the Presentation of Net Periodic Pension...Read More
While most organizations won’t have to implement the changes related to the new Presentation of Financial Statement of Not-for-Profit Entities Standard (ASU 2016-14) until...Read More
Being investigated by the Department of Labor (DOL) can be a nerve-wracking and time-consuming experience for any benefit plan provider. However, being familiar with the...Read More
The 90-day non-extendable deadline for calendar year LM-2 filers is fast approaching. The Department of Labor (DOL) Office of Labor-Management Standards (OLMS) previously issued...Read More
Sometimes Congress passes bills that include provisions not related to the main bill. Such was the case when it passed the highway funding bill,...Read More
In December 2013, the United States Office of Management and Budget (OMB) issued comprehensive grant reform rules titled “Uniform Administrative Requirements, Cost Principles, and...Read More
