Industry News
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September 27, 2011 12:17:35 pm

HHS Grant Announcement for Rural Health Programs

The U.S. Department of Health and Human Services announced a $12 million grant package for the Office of Rural Health Policy’s Outr... » continue reading

Tags: Healthcare

September 22, 2011 11:28:32 am

FASB’s Actions to Address Private Company Concerns

Financial Accounting Standards Board (FASB) chair Leslie Seidman commented on the board’s progress in addressing private company accounting standards in a recent interview.   T

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Tags: Accounting StandardsAudit

September 21, 2011 11:10:24 am

Public Comments Requested on Safe Harbor Provision

The U.S. Treasury Department and the Internal Revenue Service seek public comments regarding the healthcare reform law&rsquo

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Tags: HealthcareEmployee BenefitsAccounting Standards

September 19, 2011 10:30:56 am

IRS Issues Guidance on Business Cell Phones

The IRS has issued Notice 2011-72 to provide guidance on employer-provided cell phones and other telecommunications equip

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Tags: TaxesEmployee Benefits

September 19, 2011 10:18:29 am

$700 Million Available for Community Health Centers

The U.S. Department of Health and Human Services (HHS) is accepting grant applications to help build, expand, and improve community health centers across the United States and provide care to low-i

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Tags: Healthcare

September 19, 2011 9:00:52 am

Sage Abra HRMS Newsletter

Sage Abra HRMS Newsletter (3rd Quarter 2011)

SAGE ABRA SUITE VERSION 9.1
Sage recently announced the release of Sage Abra Suite Version 9.1. Customer feed... » continue reading

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September 19, 2011 8:00:45 am

Sage Nonprofit Solutions Newsletter (3rd Quarter 2011)


Human Resource Management

Now Available for Sage Fund Accounting

For years now, nonprofit organizations have been learning to do ‘more with less.&rs... » continue reading

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September 16, 2011 2:30:04 pm

Jamie Fridley Joins REDW Tax Department as Senior Manager

REDW LLC  is pleased to announce that Jamie Fridley, CPA, has joined REDW’s tax department as a Senior Manager.

Jamie, alum of Leadership Albuquerque, Class of 2009, comes to us with more than 13 years of professional experi... » continue reading

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September 16, 2011 1:42:46 pm

Study Shows Positive Risk Oversight Trends in Major US Companies

A new study shows more companies have increased the risk oversight responsibilities of their board members and/or board-level committees during the last year.
 
The consulting firm that conducted the study focused on the 2011 p

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Tags: Risk Management

September 16, 2011 11:54:31 am

FASB Updates Goodwill Impairment Testing Standards

The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update that simplifies Goodwill Impairme

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Tags: Accounting StandardsAudit

September 13, 2011 4:01:15 pm

Final IRS hybrid plan regulations now a reality

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Hybrid retirement plans combine features of defined contribution and defined benefit plans. The IRS recently issued fin
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September 13, 2011 3:58:16 pm

Setting sail to a safe harbor

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Is a safe
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September 13, 2011 3:58:12 pm

The controlling document - Plan document vs. summary plan description

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While employers and plan sponsors strive to be consistent with the retir
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September 13, 2011 3:57:00 pm

Looking for money

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What you need to know about plan loans
Generally, participants can’t access the
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September 13, 2011 3:10:10 pm

10 capital financing strategies for turbulent times

The capital financing environment for hospitals has become quite volatile and unpredictable. Hospitals and health systems have had to contend with limited capital access, fewer options, higher costs, more restrictive
... » continue reading

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September 13, 2011 3:09:46 pm

How to succeed under CMSs hospital VBP program

It used to be called “pay-for-performance.” Now CMS describes it as “value-based purchasing” (VBP). It represents the new paradigm for payment to hospitals initially, and for nearly all health
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September 13, 2011 3:07:31 pm

Economic credentialing: Part 2

When HMOs were morphing into MCOs more than 20 years ago, there was a strong movement to accept onto provider panels only physicians who could practice cost-efficient medicine. This meant those who used a minimum of
... » continue reading

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September 13, 2011 1:41:20 pm

Private equity firms: Could they help save your hospital?

Although hospital mergers and acquisitions have been slow in recent years, investment in one sector of the hospital industry has been picking up: capital infusions by private equity firms into not-for-profit (NFP) ho
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September 13, 2011 11:31:16 am

Compliance Alert

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Upcoming compliance deadlines:

10/3*   Deadline for setting up a SIMPLE for 2012

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September 13, 2011 10:11:52 am

Capital Conversations (3rd Qtr 2011)

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Social Security Reporting Changes

Due to recent changes at the Social Security Administration (SSA), you will no longer receive annual Social Security Ea

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September 12, 2011 12:17:36 pm

Strong Support for Separate Private Company Accounting Board

The Financial Accounting Foundation has received almost 2,500 letters in support of a separate standards board for private company accounting distinct from the
... » continue reading

Tags: AuditInternal Audit

September 12, 2011 10:46:35 am

CFA Institute Comments on IFRS

The CFA Institute recommended that the Securities and Exchange Commission (SEC) delay incorporating

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Tags: Accounting StandardsAudit

September 02, 2011 10:14:05 am

Moody’s: Negative Outlook for Healthcare Sector

Moody’s Investor Service is continuing its negative outlook for the healthcare sector in a recent report. When making the determination, Moody’s took into account a number of economi

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Tags: Healthcare

September 02, 2011 10:03:11 am

HFMA Asking for IRS Form 990 Changes

The Healthcare Financial Management Association (HFMA), along with the American Hospital Association,

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Tags: HealthcareAudit

September 02, 2011 8:43:35 am

Trends in Merger and Acquisition Activity and Multiples Indicate Mixed Results in 2010

Based on our analysis of data regarding merger and acquisition transactions compiled by several industry reporting sources (BizComps, Pratt's Stats, and Mergerstat Review), trends in the volume and pricing multiples regarding business merger and acqu... » continue reading

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September 02, 2011 8:35:46 am

Temporary Estate and Gift Tax Relief in 2010 Tax Relief Act

The 2010 Tax Relief Act, signed into law in December 2010 extended individual and capital gains/dividend tax cuts for two years, provided for a one-year payroll tax cut, and bonus depreciation in 2011 and 2012. In addition, the federal estate and gif... » continue reading

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September 02, 2011 8:32:00 am

AICPA Issues Draft of Updated Aid on Valuation of Private Equity Securities Issued as Compensation

The American Institute of Certified Public Accountants (AICPA) recently issued a working draft of its Practice Aid, Valuation of Privately Held Company Equity Securities Issued as... » continue reading

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September 02, 2011 8:28:39 am

In the Courts: Estate of Jorgensen v. Commissioner

In this recent decision, the Ninth Circuit Court of Appeals affirmed a Tax Court determination that values of assets transferred to two family limited partnerships ("FLPs") were includable in the Decedent's estate under §2036(a) of the... » continue reading

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September 01, 2011 11:50:08 am

Most Companies Will Continue Employee Healthcare Benefits

A survey of medium to big companies found that almost 75% of medium to big companies will continue to offer healthcare benefits to employees despite the option to move to state-based insurance exchanges beginning in 2014.  The study by Towers

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Tags: Emplyee BenefitsHealthcare

September 01, 2011 11:32:23 am

GASB Proposes New Reporting Classifications for Assets and Liabilities

The Governmental Accounting Standards Board (GASB) has released an

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Tags: AuditLocal and State Government