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July 30, 2012 3:38:10 pm

REDW's Audit & Consulting Department Announces Promotions

REDWLLC, New Mexico’s largest locally owned certified public accounting and business consulting firm, dedicated to rewarding team members’ professional achievements and commitment to client service... » continue reading

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July 27, 2012 9:55:36 am

Proposed Standards for Equipment Leases Unpopular

The recent joint exposure draft by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board
... » continue reading

Tags: Accounting Standards

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July 26, 2012 10:33:41 am

Supreme Court Decision Has Permanent Benefits for Native Americans

The recent Supreme Court decision affirming the constitutionality of the Affordable Care Act (ACA) has also made the
... » continue reading

Tags: Tribal, Healthcare

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July 26, 2012 9:18:57 am

Sage 100 ERP Newsletter (Issue 4 - 2012)

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A SNEAK PEAK AT SAGE 100 ERP 2013
Sage recently published a pre-release guide for Sage 100 ER

... » continue reading

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July 25, 2012 11:24:01 am

Employers Should Plan for Insurance Premium Rebate Checks under PPACA

Employers need to take notice of a provision of the Patient Protection and Affordable Care Act (PPACA) which may result in their insurance carriers issuing rebates to partici
... » continue reading

Tags: Benefits, PPACA, ERISA, Insurance Rebates

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July 24, 2012 10:11:40 am

Doctor EHR Adoption Reaches 55 Percent

The Centers for Disease Control and Prevention (CDC) announced the results of a study that found that physician adoption of electronic health records (EHR) reached, and possibly surpassed, 55 per
... » continue reading

Tags: Healthcare, EHR

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July 23, 2012 3:19:16 pm

HEARTH Act Passes Senate; Increases Native American Authority over Leases

The U.S. Senate unanimously passed the Helping Expedite and Advance Responsible Tribal Homeownership... » continue reading

Tags: Tribal, HEARTH Act

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July 18, 2012 12:55:43 pm

AICPA Clarifies Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern

... » continue reading

Tags: Accounting Standards, Going Concern

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July 16, 2012 1:22:53 pm

Preparing for ICD-10 Potential Financial Issues

The ICD-10 conversion will have financial ramifications for companies that do not adequately prepare.  While most of the conversion issues re
... » continue reading

Tags: Healthcare, ICD-10

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July 13, 2012 3:14:15 pm

Compliance Alert

Upcoming compliance deadlines:

6/30 Deadline for processing corrective distributions for failed ADP/ACP test from plan with eligible automatic contribution arrangement (EACA) without

... » continue reading

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July 13, 2012 3:08:09 pm

Service providers' fee disclosure date is on the horizon

The Department of Labor (DOL) released a final rule requiring service providers to disclose fee and expense arrangements to simplify comparisons between investment options. Service providers must give disclosures to participants and beneficiaries on... » continue reading

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July 13, 2012 3:02:45 pm

Follow the right path

DOL issues final rule on prohibited transaction exemption procedures

The Department of Labor's (DOL's) final rule for prohibited transaction exemption procedures is now in effect and applies to all exemption a... » continue reading

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July 13, 2012 3:00:56 pm

Aiming for the target

Are target date funds right for your plan?

Target funds are mutual funds in which funds are invested based on a particular target date — usually the participant's anticipated retirement year. While targe... » continue reading

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July 13, 2012 11:49:44 am

Response to New GASB Pension Liabilities Standards

The decision by the Governmental Accounting Standards Board (GASB) to toughen reporting standards for public employee pensions was praised by both the
... » continue reading

Tags: Accounting Standards, Local and State Government, Pension Plans

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July 10, 2012 10:16:49 am

AHA Responds to Proposed IRS Rules for Nonprofit Hospital Debt Collection

The Internal Revenue Service (IRS) has issued proposed rules for nonprofit hospitals for the collection of debt.  The rules are in response to the consumer protections portion of the

... » continue reading

Tags: Healthcare, Tax

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July 06, 2012 1:42:14 pm

Employers’ Obligations Resulting from Supreme Court Healthcare Ruling

With the U.S. Supreme Court decision to uphold the Patient Protection and Affordable Care Act (PPACA), employers’ at

... » continue reading

Tags: Benefits, Healthcare, Group Health Plan, 2012 W-2, Flexible Spending Accounts, FSA

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July 05, 2012 1:21:55 pm

City Comptroller Accused of Stealing $53 Million

The former comptroller of Dixon, Illinois, has been indicted for wire fraud in a case that is making other municipal and state governments take notice.  Rita Crundwell, 58, is accused of diverting approximately $53 million over the last 21 ye

... » continue reading

Tags: Fraud, Audit, Internal Audit, State and Local Government

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July 02, 2012 1:05:34 pm

Supreme Court Upholds Healthcare Law

The U.S. Supreme Court decided in a 5-4 vote to uphold the Patient Protection and Affordable Care Act P.L. 111-148 (the Act).  The Court determined in its ruling for
... » continue reading

Tags: Healthcare, Tax

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July 02, 2012 10:27:17 am

REDW's Melisa Martinez Earns CPA

REDWLLC, New Mexico’s largest locally owned certified public accounting and business consulting firm, is pleased to announce that Melisa Martinez has officially earned the Certified Public Accountant des... » continue reading

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July 01, 2012 2:04:12 pm

Proposal Would Give Native American Tribes Bonding Authority

U.S. Senator Max Baucus (D-Montana) is working on a tax reform proposal that would give Tribal governments the same bonding authority as states and municipalities. 


Baucus, chairman of the

... » continue reading

Tags: Tribal, Tax

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