Accounting Firms Face Challenges When Advising Businesses on Health Care Reform

NEW YORK, May 22, 2013 — In a new Thomson Reuters survey of U.S. accounting firms, 24 percent of respondents said their business clients are not fully aware of their potential exposure to penalties under aspects of the Affordable Care Act that take effect in 2014. “The 20,000 pages of legislation outlines new obligations for employer-provided health plans,” says Jim Reeves, vice president, medium and large CPA firm markets, Thomson Reuters. “In our survey of CPAs, more than 70...
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Accounting Firms Face Challenges When Advising Businesses on Health Care Reform

New requirements create opportunity for firms that develop expertise in their consulting practices

News • May 22nd, 2013
Top Business Execs Worried About Growing Regulations, Geopolitical Unrest, Global Economy

According to a new KPMG International survey report, regulatory pressure is consistently one of the biggest threats facing companies across industries, and the number one challenge facing financial services and energy and natural resources companies...

News • May 22nd, 2013
WeiserMazars Names Abdallah as Senior Advisor

New York-based accounting firm WeiserMazars LLP recently announced that Mahmoud Abdallah, former Chairman and Chief Executive Officer of MISR Insurance Holding Company and Executive Vice President of American Re Group, has been appointed as a Senior...

News • May 22nd, 2013
Large Utah Accounting Firm Names Director of Strategic Planning

Utah accounting firm Tanner LLC has appointed Dan Griffiths as Director of Strategic Planning for the firm’s Leadership Solutions Practice.

News • May 22nd, 2013
For air travel, is low airfare or shorter travel time more important?

70 Percent of Consumers Would Not Give Up a Direct Flight to Save on Airfare

News • May 22nd, 2013
Federal disaster loans available to businesses and homeowners hit by Oklahoma tornado

Low-interest federal disaster loans are now available to Oklahoma residents and business owners as a result of President Obama's major disaster declaration, U. S. Small Business Administration (SBA) Administrator Karen G. Mills announced.

News • May 22nd, 2013
Uncredentialed Ohio tax preparer guilty on 10 counts

A Columbus, Ohio, man was found guilty yesterday of 10 counts of preparing false tax returns.

News • May 22nd, 2013
Did the IRS overstep when examining anti-abortion nonprofit groups?

When a small anti-abortion group in Iowa sought nonprofit status, the Internal Revenue Service asked its board to promise not to organize protests outside Planned Parenthood and demanded to know how its prayer meetings and protest signs were educational.

News • May 22nd, 2013
IRS places $170 million lien on Florida tribe for unpaid taxes on casino income

The Internal Revenue Service has slammed the Miccosukee Indians with a bill of $170 million for the West Miami-Dade tribe's failure to report and withhold taxes from its distribution of gambling profits to tribal members, according to court records.

News • May 22nd, 2013
State gets court hearing on challenge to health care law

U.S. District Judge Ronald White has set a June 20, 2013, hearing in Oklahoma's challenge to IRS rules to implement so-called "Obamacare" in the state.

News • May 22nd, 2013
Oklahoma churches and colleges offer relief to tornado victims

Fourteen-year-old Lizzy Jasper sat smiling in a chair just inside the front door to New Life Bible Church in north Norman Tuesday morning, where a homemade sign let folks know this was now a "Tornado Shelter."

News • May 22nd, 2013
Americans Open Up Hearts and Wallets for Oklahoma Tornado Victims

It may be tax-deductible, but that's not why Americans give to charities that help other Americans hit by tragedies.

News • May 21st, 2013
Cox Enterprises Announces $1 Million in Support For Oklahoma's Tornado Victims

Contribution includes $500,000 cash donation and $500,000 of in-kind support

News • May 21st, 2013
Kentucky organizations raising relief funds for Oklahoma tornado victims

Several local media companies, including the Lexington Herald-Leader, are teaming up with the Bluegrass Chapter of the American Red Cross to raise money for tornado relief in Oklahoma.

News • May 21st, 2013
Miami charities accepting donations for Oklahoma tornado victims

South Florida charities are collecting donations to help victims of the massive tornado that struck Oklahoma.

News • May 21st, 2013

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