Accounting
Top stories summarized by our editors
5/23/2019

People approaching retirement age with little or no savings are in a difficult situation, but there are positive steps they can take. This article offers three practical catch-up strategies.

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Fox Business
5/23/2019

Managing a pension plan is an added responsibility for a CFO, and a poorly run plan can threaten cash flow and cause other problems. Here are four ways to deal with pension-plan risk.

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CFO
5/23/2019

Computing total W-2 wages under Sec. 199A appears daunting because three possible methods are available. Here's what to consider in making the choice.

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The Tax Adviser
5/23/2019

When the new year came around, you set some brand-new goals. A crucial step in meeting those goals is regularly reassessing them and evaluating your progress. Now that 2019 is almost halfway over, here's how you can do so and stay on track.

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AICPA Insights
5/23/2019

Arguments sometimes arise during meetings, but the most effective teams are able to confront these conflicts and to maintain positive relationships. Seven tips can help.

5/23/2019

The company is moving to North Carolina from Pennsylvania. A search for Alexos' replacement is underway.

5/23/2019

The Social Security Administration has stepped up its issuance of "no-match" letters as it sent 575,000 of them in March and April, lawyer Becki Young writes. Employers should be proactive with regard to I-9 compliance by taking such steps as conducting yearly internal audits of I-9 files, Young writes.

5/23/2019

Losses stemming from fraud in the manufacturing sector generate a $240,000 median loss per case, compared with $130,000 across all industries, says a report from the Association of Certified Fraud Examiners. "To reduce the chances of loss, manufacturers and distributors must recognize unprotected areas and build strong, consistent internal controls to prevent, detect and correct fraud," writes Frank Pena of Kaufman Rossin.

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Manufacturing
5/23/2019

The Environmental Protection Agency is overpaying contractors as a result of poor contract-management controls, according to an Office of Inspector General report. Staffing problems, high turnover in the agency's Office of Acquisition Solutions, disorganized contract-management files and insufficient contract-management oversight are factors underlying the poor controls, the report says.

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MeriTalk
5/23/2019

The Securities and Exchange Commission has meted out $20 billion in fraud-related fines in the past five fiscal years, but it has collected only 55% of that amount, SEC figures show. The SEC's enforcement rate is the lowest in 10 years.

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Pymnts