Monthly Archives: August 2011

Get Ready for Upcoming 401k Regulations

Posted on August 25, 2011

A new regulation announced by the Department of Labor (DOL) indicated that 401(k) plan sponsors have until May 31, 2012, to publish fees to employees on their quarterly statements. As retirement plan sponsors are under more pressure to manage their … Continue reading →

Posted in News & Updates | Tagged 401K Plans, auto ira, dol, Employee, employee 401k Dallas, Employee Benefits Plans Dallas, plan sponsor | Leave a comment

IRS New Interest Rates for Tax Under and Over Payments

Posted on August 19, 2011

The IRS has publicized that the interest rates for tax underpayments and overpayments and for the calendar quarter starting Oct. 1, 2011, will reduce by 1%. For corporations, the underpayment rate for the fourth quarter of 2011 will be 3%. … Continue reading →

Posted in News & Updates | Tagged Dallas CPA Tax Accountant, IRS, penalty, tax overpayment, tax underpayment | Leave a comment

New Quickbooks App for Android Mobile

Posted on August 17, 2011

With the new release of QuickBooks Mobile, Intuit now has an entire suite of applications available to the Small to Medium Business Community on Google’s Android platform. By having QuickBooks installed on their Android smartphone, business owners can stay connected … Continue reading →

Posted in News & Updates | Tagged Android Mobile, QuickBooks | Leave a comment

IRS Abolishes 2 Yr Limit on Innocent Spouse Requests

Posted on August 15, 2011

The IRS recently announced a change in policy granting relief to people who have been encumbered with the old tax debts of their estranged spouses by abolishing the 2 year limit on requests for innocent spouse relief.  The change to … Continue reading →

Posted in News & Updates | Tagged Dallas Tax Accountant, Innocent Spouse, IRS | Leave a comment

Personal Privacy Issues and the IRS

Posted on August 12, 2011

Lately the Obama administration has been seeking  to shield consumers from breaches of personal privacy, and now the IRS is being told that it’s too slow to inform taxpayers when their personal information wasn’t kept confidential. In a report, dated July … Continue reading →

Posted in News & Updates | Tagged IRS, Personal Privacy | Leave a comment

FASB Delays FAS 13 Rule Change

Posted on August 11, 2011

The Financial Accounting Standards Board (FASB) recently delayed the implementation of new accounting rules that would greatly impact how real estate leases would be treated on company balance sheets.  The proposed lease accounting standards, originally scheduled to take effect June … Continue reading →

Posted in News & Updates | Tagged balance sheet, Commercial Real Estate, Dallas Audit Firm, FAS 13 Rule, tenants | Leave a comment