Employee Benefits

The Institute and the Department of Labor’s Employee Benefit Security Administration (EBSA) are conducting seminars with state CPA societies for small business clients on how to establish and administer pension, health and other employee benefit plans. Ian MacKay, director of the AICPA Employee Benefit Plan Audit Quality Center ( http://ebpaqc.aicpa.org ), said, “Since most companies don’t offer pensions, it’s essential to educate them on how to set up benefit plans and help their employees participate in them. As trusted business advisers, CPAs are ideally qualified to guide businesses in such efforts.” For information, e-mail educationcampaignseminars@dol.gov .


6 key areas of change for accountants and auditors

New accounting standards on revenue recognition, leases, and credit losses present implementation challenges. This independently-written report identifies the hurdles that accounting professionals face and provides tips for overcoming the challenges.


How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.