Accounting Firm Makes List Honoring Companies for Training, Development

February 18, 2014 

Accounting Firm Makes List Honoring Companies for Training, Development

Accounting consultancy BKD, LLP has debuted on Training magazine’s annual Training Top 125, which ranks companies based on the excellence of their training and development programs. BKD, the only CPA and advisory firm to appear on this year’s list, was among thousands of applicants vying for a spot on the prestigious list, placing as No.…

Isaac M. O'Bannon

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February 13, 2014 

Reality Bites: The New 3.8% Net Investment Income Surtax

The specter of the dreaded new surtax on “net investment income” (NII) has turned into reality. For the first time ever, some upper-income taxpayers will have to pay the 3.8% surtax on their 2013 income tax returns. This could be a harrowing experience for some of your clients.

Ken Berry, JD

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February 12, 2014 

System Puts Gathering Client Tax Documents on Auto Pilot

It’s the just the beginning of tax season, but most tax professionals likely already have a digital pile of client returns that are “in progress,” and will likely remain that way for weeks or months. Not because the firm hasn’t gotten to them yet, but probably because they are still waiting on clients to send…

Isaac M. O'Bannon

 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

 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.

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February 5, 2014 

New System Helps Companies Track Conflict Minerals for SEC Reporting

The Securities and Exchange Commission’s (SEC) new conflict minerals rule requires thousands of companies to perform due diligence to determine whether their products contain tin, tantalum, tungsten, or gold, determine the country of origin for those minerals and report their findings to customers and the SEC.

 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.

 Financial Accounting Foundation Names CPA As Chair of Advisory Council

February 2, 2014 

Financial Accounting Foundation Names CPA As Chair of Advisory Council

The Financial Accounting Foundation has announced that Steven E. Buller, CPA, managing director and former chief financial officer of BlackRock, Inc., has been appointed chairman of the group's Advisory Council (FASAC). His term begins on February 1, 2014, and concludes on December 31, 2015.

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