Insights | Rea CPA - Part 19
Author
Jun 16, 2022
Article

New Audit Standard for Employee Benefit Plans Casts Bright Light on Role of Fiduciary

As a new auditing standard becomes effective this year for most employee benefit plans, individuals charged with managing and administering plans should be aware of their responsibilities as plan fiduciaries.
Author
Apr 4, 2022
Article

The Effects of COVID-19 on Government: A Path Forward

In this article, we will examine the issues governments still face and will focus on the opportunities as we look to emerge from the COVID-19 pandemic.
Author
Mar 11, 2022
Article

‘Group of Plan’ Arrangements Offer Cost Savings for 401(k) Sponsors

sponsors are familiar with solutions like multiple employer plans (MEPs) and pooled employer plans (PEPs). But one of the least well-known plans may be the most effective solution for plan sponsors who are looking to cut costs and maintain local service and plan design flexibility – the “group of plans” arrangement.
Author
Jun 13, 2022
Blog

What Is the Mid-Quarter Convention?

What do you know about the mid-quarter convention?
Author
Jun 6, 2022
Blog

Nature & Function Through The Eyes Of A Nonprofit

Nonprofit organizations now have to report expenses by their nature and function. Are you ready?
Author
Jun 3, 2022
Blog

SAS 114: Essential Information May Be Hiding In Plain Sight

What the heck is a SAS 114 letter and why are you getting one? Read on to find out.
Author
Mar 18, 2022
Blog

An In-Depth Look at the Construction Forecast for 2022

Experts foresee compound annual growth across almost all construction segments, particularly, water supply, S&WD and transportation.
Author
Feb 28, 2022
Blog

Concern About Cyber Threats Heightened by Russian Invasion

Russia’s invasion of Ukraine has involved comprehensive cybersecurity attacks, both military in origin as well as activist oriented.
Author
Feb 23, 2022
Blog

Important Update: New Requirements for Partnerships & S Corporations

On January 18, 2022, the IRS issued important updates to the instructions related to filing the new Schedules K-2 and K-3 for tax year 2021 for partnerships and S corporations.