COVID-19 Update

Johnson Lambert has always said our top priorities are our clients and our people, and this is our guiding principle in this current global situation.

To protect both clients and our team, and to prevent the spread of COVID-19, effective Friday, March 20, 2020, Johnson Lambert has moved to a remote working environment and has implemented a travel ban for all staff with regard to all business-related travel. 

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Insurance

Audit, tax, and consulting services for commercial insurance companies, captives, risk retention groups, and public risk pools.

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Insurance Regulators

Full service financial exams, multi-state coordinated exams, IT reviews, and more for state departments of insurance.

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Nonprofits

Audit, tax compliance, and advisory services for associations, foundations, and other nonprofits.

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Employee Benefit Plans

Audit and tax compliance for 401(k), 403(b), defined benefit, health & welfare, profit sharing plans and more.

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About Johnson Lambert

Johnson Lambert is a niche CPA firm that provides financial audits, tax compliance, information technology consulting, and advisory services to insurance companies, nonprofits, and employee benefit plans. The value we offer clients is deeper than the services we provide: we deliver a unique experience with true passion for the work we do and the people we serve.

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Webinar

2020 Nonprofit Tax Update

THURSDAY, MARCH 26, 2020 | 2:00 – 3:00 PM ET | COMPLIMENTARY

The tax environment for exempt organizations continues to evolve. This webinar will explore recent developments, including the repeal of the tax on parking and commuter benefits, the SECURE Act, new guidance involving political activities, and a host of other changes and updates.

Register Now

What Matters Most: Our Clients + Our People

Our formula for success is based on an innovative culture that attracts, develops, values, and provides outstanding opportunities to our exceptional people. We’re auditors, tax professionals, advisors, and industry experts who truly care about our clients and our work.

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WHAT’S NEW AT JOHNSON LAMBERT

Insurance
Mar 6, 2020

After years of very few changes, the AICPA issued a suite of new auditing standards; the most significant one is Statement on Auditing Standards (SAS) No. 134, Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial

Mar 6, 2020

In 2019, non-public entities were required to account for equity securities using a new reporting model. The model also established an alternate reporting model for equity securities without a readily determinable fair value. An entity electing the alternative model would

Employee Benefit Plans
Jan 27, 2020

The SECURE (Setting Every Community Up for Retirement Enhancement) Act became law on December 20, 2019 as a part of the Further Consolidated Appropriations Act. The Act made several reforms to retirement planning, including Individual Retirement Accounts (IRAs), 401(k) plans,

Apr 30, 2017

More than two years after it began its project, the AICPA Auditing Standards Board (ASB) issued Proposed Statement on Auditing Standards (SAS), Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA. In January 2015,

Nonprofits
Mar 17, 2020

Like many businesses, nonprofits could be negatively impacted by COVID-19 through lost revenue, productivity, and additional expenses. As a result of COVID-19, many organizations have canceled meetings due to potential health risks, travel restrictions and reputational risks. The financial impact

Feb 24, 2020

On February 10, 2020 the Financial Accounting Standards Board (FASB) issued a Proposed Accounting Standard Update (PASU), Not-for-Profit Entities (Topic 958): Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets. Objective: Provide information about the valuation and presentation of