BLACKBURN, CHILDERS & STEAGALL, CPAS

WHAT'S NEW?

February 3, 2017

Form 5500 – Is Your Health and Welfare Plan Compliant?

By Tara Fenner Given all of the recent changes to healthcare compliance requirements, it is not surprising that keeping up with the newest rules is challenging for some employers. However, we are seeing a rising number of issues with regard to a tax return filing requirement specific to insurance plans that isn’t new. In fact, […]
January 20, 2017

TIME TO PREPARE FOR NEW LEASING STANDARDS

By Tyler Williams As part of their quest to ensure greater transparency in financial reporting, the Financial Accounting Standards Board (FASB) issued a new standard on leases in February 2016 (ASU No. 2016-02). With this new standard, FASB hopes to reduce the amount of off balance sheet operating lease commitments, which the SEC estimated to […]
December 15, 2016

REMINDER: W-2S AND SOME 1099-MISC DUE TO AGENCIES ON JANUARY 31

The IRS has changed filing deadlines for Form W-2 and some Form 1099s. FORM W-2 PRIOR RULES FOR W-2 W-2s were due to employees on January 31, and due to the Social Security Administration on February 28, or March 31 if filed electronically. NEW RULE FOR W-2 W-2s are due to employees and Social Security […]