Benefits

The passage of the Affordable Care Act (ACA) has brought major change to the accounting profession as individuals and companies are increasingly turning to accountants and tax preparers for help in complying with new health care mandates and ...

This Unmanned Air Vehicle (UAV) coverage is a new insurance product in the market that caters specifically to small and medium-sized businesses that currently use or plan to use drones to complement their business operations.

The new tax law signed at the end of last year – the Protecting Americans from Tax Hikes (PATH) Act of 2015 – improves the tax-free transportation benefits that may be offered to employees.

The IRS has issued a two-month extension for employers and issuers to provide individuals with forms reporting on offers of health coverage and coverage provided. The new deadline is March 31, 2016.

Similar to 401(k) retirement accounts, 529 Savings Plans are investment savings accounts that are based on investments in stock, mutual funds or similar markets. Recognized by the IRS starting in 1996, they are overseen by individual states and ...

According to CPA Mutual, a national risk retention group and accounting firm liability coverage provider, firm claims with actual expenses paid have increased by 41 percent since 1998. Accounting firms can expect to experience one liability matter per ...

As small businesses try to keep talent within the organization and compete with larger companies that offer health insurance, it’s essential that all understand exactly what Obamacare means to small businesses.

Some research has indicated that women might save 40 percent less in their 401(k) accounts than men, which adds up to an average of $59,300 for female workers – as opposed to an average of $100,000 for males in the workforce.