Download Printable Table The stars were indeed bright, deep in the heart of Texas, in Austin, where the National Association of Insurance Commissioners (NAIC) met for the final National Meeting of 2019. Amidst the music and barbeque, regulators worked diligently

As a result of implementation challenges faced by companies adopting certain major new accounting standards, the FASB issued two Accounting Standards Updates (ASUs) to defer the effective dates of four ASU’s: 2019-09, Financial Services—Insurance: Effective Date 2019-10, Financial Instruments —

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,

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,

With the recent repeal of Section 512(a)(7), taxes paid by exempt organizations on qualified transportation fringe benefits (QTFBs) for amounts paid or accrued after December 31, 2017 are now eligible for refund. The repeal of the tax was great news to

On December 20, 2019, as expected, the President signed into law H.R.1865 – Further Consolidated Appropriations Act, 2020. Buried on the last page of the text was a repeal of Section 512(a)(7); a part of the Tax Cuts and Jobs