Thinking Of Switching Bank Charters? Think Again

  • July 21, 2009

The FFIEC just issued Statement on Regulatory Conversions that will make it harder for financial institutions subject to enforcement actions to switch charters.

If You Are “Rich” Obama Wants Your Money

  • July 20, 2009

If you were taking a wait and see approach to assessing the Obama presidency you might want to read this article by Bill Carlino of Accounting Today. In his article he describes all of the changes implemented by the Obama administration so far and several of the proposed changes. If you are "rich" according to Obama's definition be prepared!

IRS Issues New Rules For 403(b) Retirement Plans

  • July 1, 2009

written by Joe Page Changes Are Substantial While the Internal Revenue Service and Department of Labor have collectively spent a considerable...

IRS Updates COBRA Premium Assistance Guidance For Employers And Dislocated Workers

  • July 1, 2009

Many unemployed individuals want to keep their former employer-provided health insurance but the cost is too high. To help pay for COBRA continuation coverage, the American Recovery and Reinvestment Act of 2009 (2009 Recovery Act) provides a temporary subsidy. COBRA premium assistance is available for individuals who are involuntarily terminated from employment between September 1, 2008 and December 31, 2009.