horizontal-folders-focus-on-employee-benefits1

February 12, 2014 

Are Your Clients Overlooking Tax-Free Fringe Benefits?

We get so busy during tax season that we often barely have time to breathe. Even so, I want you to do some reading. Call the IRS at 800-TAX FORM (800-829-3676) to get a printed copy of IRS Publication 15-B. Have you ever read it? It’s all about fringe benefits.

 Introducing the MyRA: Boom or Bust?

February 11, 2014 

Introducing the MyRA: Boom or Bust?

President Obama didn’t drop any bombshells in his State of the Union address delivered on January 28. But he did unveil a new retirement-saving concept called the “MyRA” (a wordplay on IRA). As the president explained, this account will be designed to encourage retirement savings by workers who don’t have access to employer plans like…

Ken Berry, JD

 New Bill Ups the Stakes in Obamacare Showdown

February 9, 2014 

New Bill Ups the Stakes in Obamacare Showdown

It’s going to take time – perhaps more than initially anticipated – for the government to work through all the twists and turns in the Patient Protection and Affordable Care Act (the PPACA), the massive health care law known as “Obamacare.” Along the way, certain tweaks and modifications are likely to be required.

Ken Berry, JD

 More Employers Focusing on Workers’ Financial Well-Being in 2014

February 5, 2014 

More Employers Focusing on Workers’ Financial Well-Being in 2014

As U.S. companies grow increasingly concerned about the financial well-being of their workforce, a new survey by Aon Hewitt, the global talent, retirement and health solutions business of Aon plc, finds that employers are looking for new ways to improve the long-term financial health of their employees in 2014.

 Ohio Ranks Among Worst for Personal Finances

February 3, 2014 

Ohio Ranks Among Worst for Personal Finances

Financial security remains elusive for almost half of Ohio households, which often are one medical issue, pink slip or other crisis away from plunging into severe poverty, according to a new report from the Corporation for Enterprise Development.

 New Hampshire Considers Taxing Nonprofit Hospitals

January 31, 2014 

New Hampshire Considers Taxing Nonprofit Hospitals

An analysis of charity care at the state's 24 nonprofit hospitals, conducted in cooperation with the New Hampshire Hospital Association, shows that hospitals here are more charitable than the national average and less profitable, although there are wide variations from one New Hampshire hospital to another.

 Tax Expert Speaks on Impact of Health Care Reform

January 29, 2014 

Tax Expert Speaks on Impact of Health Care Reform

The new health insurance laws still have many individuals and small business owners scratching their heads. In an effort to help those in North Carolina, Tim Robinson, CPA, tax director at the CPA Firm of Hughes Pittman & Gupton, LLP, in the Raleigh-Durham area, recently spoke to financial executives on compliance with the Affordable Care…

 IRS Proposes Fines For Non-Compliance With Health Insurance Mandate

January 28, 2014 

IRS Proposes Fines For Non-Compliance With Health Insurance Mandate

Most U.S. taxpayers must secure health insurance coverage this year whether they want to or not. But the IRS and Treasury Department have clarified several exceptions to the rules in new proposed regulations relating to the health insurance mandate for individuals.