Accounting

 New XBRL GAAP Pension Analysis Tool Finds Errors in SEC Filings

April 23, 2014 

New XBRL GAAP Pension Analysis Tool Finds Errors in SEC Filings

XBRL US has announced the publication of its new online US GAAP Pension Analyzer. The tool is available for free to public company reporting managers that runs a set of rules against the pension disclosure within an XBRL-formatted financial statement. XBRL US is the nonprofit consortium for XBRL reporting in the US.

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April 23, 2014 

Marcum Launches Health Insurance Marketplace

Businesses, groups and individuals looking for health insurance and information now have a new resource, courtesy of the accounting firm Marcum LLP. The firm's affiliate, Marcum Financial Services, which is also a member of the Marcum Group of companies, has launched the Marcum Benefits Marketplace, a one-stop resource for health insurance delivery for groups and…

 Senate Bill Aims to Fix IRS Farm Equipment Expense Change

April 23, 2014 

Senate Bill Aims to Fix IRS Farm Equipment Expense Change

United States Senators John Hoeven, R-N.D., and Maria Cantwell, D-Wash., have introduced a bill to modify new IRS rules they say make it too difficult for family farmers and small business owners to deduct equipment repair and supply expenses.

 Oil & Gas Industry Creates Thousands of Jobs in California

April 22, 2014 

Oil & Gas Industry Creates Thousands of Jobs in California

The oil and gas industry creates about 49,000 jobs in Los Angeles County and billions in tax revenue in California. That's according to a new report conducted by the Los Angeles County Economic Development Corp. and commissioned by the trade group Western States Petroleum Assn., which takes a look at the role of oil and…

 Treasury Secretary to Visit Hard-Hit Detroit

April 22, 2014 

Treasury Secretary to Visit Hard-Hit Detroit

Treasury Secretary Jacob Lew will travel to Detroit later this week for talks with civic, business and nonprofit foundation leaders about how to help revitalize the bankrupt city.

 Florida Pension Reformers Merge Ideas

April 22, 2014 

Florida Pension Reformers Merge Ideas

House Republicans merged two pension bills Monday in a late effort to salvage House Speaker Will Weatherford's long-sought effort to close the Florida Retirement System to new employees and move them into a 401(k)-style investment plan.

 Property Management Companies Thrive During Tight Economies

April 21, 2014 

Property Management Companies Thrive During Tight Economies

Andrew Barkis and Daniela Anderson have owned Hometown Property Management for 10 years. In that time, the former Lacey-based business found a new home in Olympia, increased the number of single-family homes it manages and continues to add services to its business.

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April 21, 2014 

What SMBs Want from Their Accountant – Have You Asked?

We’re in the middle of a fundamental shift – from client-centric accounting, where clients do their own bookkeeping and then send the records (often full of errors) to the tax preparer once a year – to an accountant-centric model, where accountants use cloud-based tools to provide accounting services as well as higher level consulting services.…

Doug Sleeter