Internal Controls for Nonprofit Organizations / 2012 Study of High Net Worth Philanthropy Wednesday, February 27, 2013 from 7:30 AM to 10:30 AM (EST) Washington, DC Complimentary Seminar / Breakfast / CPE Credit E. Cohen and Company, CPAs and our co-hosts Bank of America and Merrill Lynch Wealth Management, request the pleasure of your company...
Read more →Prime contractors are responsible for negligence in the selection of subcontractors. In one fraud perpetuated against the U.S. Department of Interior’s Fish and Wildlife Service, two individuals were engaged in a series of transactions that were intended to hide the involvement of one of them from the government. How Prohibited Involvement Was Concealed From the...
Read more →There’s good news for those who collect Social Security benefits and those who want to contribute to pension plans in 2013. The Social Security Administration recently announced benefit increases for 2013 of 1.7 percent for millions of Americans. For eight million recipients of Supplemental Security Income, the cost-of-living increase will begin on December 31, 2012, while 56...
Read more →The first Monday in October is the official beginning of the U.S. Supreme Court’s 2012-2013 term. The country was fixated by last term’s ruling that upheld the constitutionality of the healthcare law. Here are some of the issues the court is scheduled to hear or may take up this term: Current Supreme Court Members...
Read more →Upon releasing the survey on September 19, 2012, the head of Towers Watson’s compensation consulting practice issued this statement: “Employees… are more focused on competitive base pay and job security. Employers, on the other hand, are emphasizing other items, such as challenging work and their mission, vision and values.” In other words, many employees...
Read more →Back in 2007 before the economy began to slide, 75 percent of employers in one annual employer survey said they matched employee 401k deferrals. The same survey, conducted by Charles Schwab, showed that by 2009, the percentage fell significantly to 67 percent. “A lot of employers dropped the match reluctantly, with the intention of restoring it as quickly as possible,”...
Read more →The IRS, Department of Labor and Department of Health and Human Services have been given the task of implementing certain healthcare reform requirements. The three agencies recently issued similar temporary guidance on what initially will be considered compliance with healthcare reform’s prohibition on excessive waiting periods for health care coverage. Background: For plan years beginning on...
Read more →Employers across the country are wondering what will happen after the Patient Protection and Affordable Care Act’s (the health care law) “individual mandate” is in effect. Some small business owners are so concerned that they are reluctant to expand until they know what consequences the health care law will bring. To add to the confusion, employers...
Read more →Is your company’s human resource department prepared to meet the requirements in the massive Patient and Protection Affordable Care Act (the health care law), which was upheld by the U.S. Supreme Court in June? One of the first steps you must take is to provide participants in a group health insurance plan with a “summary of benefits...
Read more →We don’t have a crystal ball and can’t tell you what the tax law changes will be in 2013. We know what is on the books for 2013 right now, but as we are all aware… the upcoming elections could change everything. Something may be passed during the lame duck session after the elections,...
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