Cleveland, Ohio lost a case against Jeff Saturday and, in another related case, to a Chicago Bears linebacker. Jeff Saturday was hurt and going through physical therapy in Indianapolis during a Colts/Browns game in 2008. While he was watching
The Michigan Department of Transportation has a program for disadvantaged business enterprises (DBEs). The DBE program is a federally required program designed to ensure that firms owned and controlled by minorities, women and other socially and economically disadvantaged persons
Spring is the time when flowers and grass grow, but how about your business? Many states and localities offer tax credits and incentives to encourage economic development. Oftentimes, a business can overlook tax credit opportunities because management is too busy
Our clients routinely incur bid and proposal costs. Bid and proposal costs are the expenses incurred by the Company in preparing, submitting and supporting bids and proposals on potential contracts. Our clients have established policies and procedures for accumulating
COULD MILLENNIALS’ BELIEF SYSTEM BUILD NEW CRE FUTURE? By Stuart Eisenberg, Partner & RE Practice Leader, BDO USA, LLP By 2025, Millennials are expected to occupy 75 percent of the workforce, and it is estimated that by 2015 they will have
Just announced yesterday! For our clients who have been asking questions about the new revenue recognition standards, the effective date has been pushed back one year for both public and private companies. More information is to come as this
THE IMPACT OF SOCIAL SECURITY NUMBERS ON EMPLOYEE BENEFIT PLANS Social Security numbers (SSNs) in employee benefit plans (EBP) are a topic of growing concern for multiple reasons. Employee benefit plans are faced with SSNs that belong to individuals
As we enter a new year, and wrap up 2014 tax season, it is always good to get out in front of tax issues. Two strategies that small businesses can take to save some heartache at the end of
Did you know that there are nearly 100 craft breweries in Indiana? Or that 6,000+ full time employees in Indiana’s craft brewing industry create an economic impact of more than $600 million? Yep: brewing in Indiana is a big
Did you know that you can quickly and easily check the status of your tax return and refund? Head over to the IRS’s website to check the status of your return. You will need to provide your social security number, filing
Attached below is an audit alert from the DCAA on Expressly Unallowable Costs. The DCAA has identified 110 Expressly Unallowable costs which reflects FAR Part 31 and DFARS. Audit Alert Distributing a Listing of Cost Principles That Identify Expressly Unallowable
The IRS announced that taxpayers who filed a tax return using an incorrect Form 1095-A are not required to, but may, file an amended return. As reported on Monday, February 24, the Centers for Medicare and Medicaid Services (CMS)
Somerset CPAs and Advisors is now part of CBIZ and MHM. Together, CBIZ and MHM are one of the Top Ten accounting providers in the country. Please click here for more information.
