Explore CBIZ’s latest insights on the critical issues that help advance accounting, tax, insurance, HR and much more at your organization. Search for exactly what you need to succeed below.
August 1, 2019
By Karen McLeese
Beware the Laws Impacting Wellness Programs
A recent class action lawsuit involving a wellness program bears monitoring. Under Yale’s Health Expectation Program, roughly 5,400 Yale union employees were required to participate in the program, or pay a $25 weekly fine via payroll deduction. The complaint alleges that the Program violates the Americans with Disabilities Act and the Genetic Information Nondiscrimination Act of 2008.
Preventive Care Services Expanded for HSA Participants
The IRS released new guidance relating to health savings accounts, specifically expanding the types of treatments and services for certain chronic conditions that constitute preventive care.
August 1, 2019
CBIZ & MHM Named to Construction Executive’s Top 50 Construction Accounting Firms
Construction Executive Magazine, a publication from Associated Builders and Contractors, recently named CBIZ and MHM to its list of the Top 50 Construction Accounting Firms in the nation.
July 31, 2019
4 Major Takeaways from the 2019 AICPA Not-for-Profit Conference
Several members of the CBIZ and MHM Not-for-Profit Practice attended the AICPA’s not-for-profit conference in Washington D.C. this summer. The annual conference covers hot topics in accounting, tax, and financial advisory, and other industry trends that practitioners and their clients should have on their radar.
July 30, 2019
Reduce Accounting Challenges with the VIE Accounting Alternative
For many private companies, the evaluation of the variable interest entity (VIE) guidance to their brother and sister entities has been a confusing and difficult process.
July 29, 2019
New GILTI Regulations Provide Relief for Taxpayers
On June 14, the U.S. Department of Treasury (Treasury) and the IRS released final regulations on Global Intangible Low Taxed Income (GILTI), a provision included in the 2017 tax reform law commonly known as the Tax Cuts and Jobs Act (TCJA).
July 22, 2019
The 2020 Campaign and Taxes Part 5: Your Taxes and the Federal Budget
The tax plans for each of the candidates in the 2020 Presidential campaign involve some varied and unique proposals, including a wealth tax, a tax on securities trading transactions, and new refundable credits for low-income housing.
July 19, 2019
New Lease Accounting to be Delayed?
Good news for private companies, nonprofits, and smaller public companies: the FASB is planning to delay the roll-out of its accounting updates to leasing, credit loss impairment standard, hedge accounting, and long-term insurance contracts. Discussions by board members also indicate the FASB may be leaning toward a new approach for future complex accounting standards.
July 18, 2019
By Tom Carignan
Making the Case for Diversity on Bank Boards
Companies with greater gender diversity in their leadership outperform their less diverse competitors, have higher returns on capital, and are credited with better employee engagement and retention.
July 18, 2019
By Kris St. Martin
Cryptocurrencies and What They Mean for Banking
As a financial advisor, bankers should have an understanding of cryptocurrency and be prepared to have thoughtful conversations with their customers. Before using cryptocurrency, your bank’s business customers should conduct adequate research to understand how it may impact the company.