GASB Offers New Toolkit for Pension Accounting Standards

March 11, 2014 

GASB Offers New Toolkit for Pension Accounting Standards

A new online pension implementation toolkit was released today by the Governmental Accounting Standards Board (GASB). The toolkit is designed to help preparers, auditors, and users of state and local government financial reports understand and apply the revised pension accounting and financial reporting standards that the GASB approved in June 2012. The toolkit is available…

 Open Systems Partners with Time Tracking System

March 10, 2014 

Open Systems Partners with Time Tracking System

Open Systems, Inc.and nettime solutions (intentionally lower case) of Scottsdale, Arizona, have entered into an agreement that will integrate Open Systems’ TRAVERSE business and accounting software solution with nettime solutions’ stratustime software to serve payroll and HR departments using TRAVERSE.

 Does Your Business Qualify for the Health Care Tax Credit?

March 10, 2014 

Does Your Business Qualify for the Health Care Tax Credit?

Income tax filing deadlines for most small business are coming up soon, and the Internal Revenue Service is reminding small employers who offer health insurance to their employees to check out the small business health care tax credit and then claim it if they qualify.

 IRS Offers 7 Tax Tips on Health Care Credit

March 10, 2014 

IRS Offers 7 Tax Tips on Health Care Credit

The Obama administration is relying on various federal agencies and organizations to help implement the complex rules under the Patient Protection and Affordable Care Act (PPACA), the comprehensive health care legislation otherwise known as “Obamacare.” Naturally, the IRS is expected to play a major role, including enforcement of the penalties for failing to obtain minimum…

Ken Berry, JD

Criminal-Background-Check1

March 10, 2014 

How to Use Criminal History Background Checks Wisely

One of 2013’s hallmarks in the labor and employment field is the aggressive stance taken by the Equal Employment Opportunity Commission (“EEOC”), which enforces federal anti-discrimination laws. The EEOC’s Strategic Enforcement Plan (“SEP”), issued in December 2012, makes clear that the Agency’s primary objective is to combat “systemic discrimination” and barriers to employment.

Richard D. Alaniz, JD

 How To Produce Positive Change Through Appreciative Inquiry

March 10, 2014 

How To Produce Positive Change Through Appreciative Inquiry

Most firms are in the process of reflecting on their progress during this time of year. Often, that reflection leads to negative feelings of what did not happen, goals that were not met, numbers that were not obtained and people who left. A more effective process is one called Appreciative Inquiry.

Sandra Wiley

 Divorce and the Section 121 Personal Residence Exclusion

March 10, 2014 

Divorce and the Section 121 Personal Residence Exclusion

After a divorce, if both spouses stay on title, they can both take advantage of their full personal residence exclusion of $250,000 – as long as one of them continue to use it as a personal residence AND this is specified in the divorce decree (a good reason to get along during the divorce negotiations).

Eva Rosenberg

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March 7, 2014 

Advanced Micro Solutions, Inc

AMS Payroll is an add on module to the W-2/1099 Forms Filer, allowing payroll and non-employee compensation to be entered by check throughout the year. The program supports either “Live” or After-The-Fact Payroll.

 Five Revenue-Boosting Tips for Accountants During Tax Season

March 7, 2014 

Five Revenue-Boosting Tips for Accountants During Tax Season

As an accountant, one might think managing a business and growing revenue would come naturally. But taking the time to focus on marketing, sales and business development objectives is one of the hardest aspects of building a company. That’s why we wanted to share some proven ideas to help save you time, money and grow…

James Walter