Disclosure Requirements for Multi-employer Pension Plans
The update suggests new disclosures that the Board believes would help users of financial statements better assess the potential risks faced by those organizations.
keep readingThe update suggests new disclosures that the Board believes would help users of financial statements better assess the potential risks faced by those organizations.
keep readingJust recently, President Obama signed a bill repealing a tax-compliance mandate that was included within last year’s health care law.
keep readingUnder the recommendations, a separate private company standards board would be established to make exceptions and modifications for both new and existing standards.
keep readingIn addition to the changes made for Bonus Depreciation and 1099 reporting, several other items of interest were changed by the recent legislation for 2011 and 2012:
keep readingThe latest tax law changes passed in 2010 enhanced available bonus depreciation from 50% to 100% for property placed into service between September 9, 2010 and December 31, 2011.
keep readingJanuary is the month that 1099’s are prepared and distributed. As a cooperative, the form 1099 PATR is used to report information to your patrons. The following are items typically associated with cooperatives and should be reported as described:
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