ERISA Impact of Health Care Reform

ERISA

By Scott Rain

The nation’s health care system has recently undergone dramatic changes with the recent passage of both the “Patient Protection and Affordable Care Act” (PPACA) and, the “Health Care and Education Reconciliation Act of 2010.” The PPACA will have the most significant impact on employer-sponsored health plans since the enactment of ERISA over 30 years ago. Scott Rain explains.... read more >

Lean Business Practices Discussed at Executive Roundtable

The Schneider Downs Business Advisory Group hosted its third Executive Roundtable discussion on April 8, 2010. Over 20 representatives from local organizations gathered to talk about the benefits and challenges of implementing lean business practices in their organizations.... read more >

Health Care Reform: Nonprofit Hospitals Face Increased IRS Reporting

Under the Patient Protection and Affordable Care Act of 2010, nonprofit hospitals must meet certain additional requirements to maintain their tax exempt status under Section 501(c)(3) of the Internal Revenue Code. The new law imposes excise taxes on hospitals that fail to meet community health assessment mandates. It also expands reporting and disclosure requirements of nonprofit hospitals.... read more >

What are the Prospects for Comprehensive Energy Legislation?

The prospects for comprehensive energy legislation looked good in July, 2009 when the Waxman-Markey Bill passed the House of Representatives, but developments continue to cloud this issue. George Adams explains.... read more >

Health Care Reform: Expansion of Information Reporting Requirements on Form 1099

Health Care|Tax

By Ron Kramer

Beginning in 2012, “Big Brother” will be watching you a little closer. The new health care legislation contains a provision that expands the information reporting requirements by businesses. The new provision has nothing to do with health care and everything to do with raising revenue to pay for health care. The new reporting requirements will significantly raise paperwork requirements for businesses of all sizes.... read more >

That's The Signpost Up Ahead - Your Next Stop, Ethics Programs

At all levels within organizations, employees confront situations and circumstances that, although not illegal, seem very wrong. Many employees find that there is no clear course of action in their organization for confronting and resolving such matters. “It is the middle ground between light and shadow,” as Rod Serling used to say, “It is an area which we call the Twilight Zone.”... read more >

Direct Lending - Coming To A College Or University Near You

In all the publicity of the health care reconciliation bill that passed Congress on March 25, 2010, one of the more interesting components was the Student Aid and Fiscal Responsibility Act (SAFRA). Yes, I said the health care bill and student aid all in the same sentence, and yes, this will have a significant impact on the higher education community.... read more >

Who would have thought lease accounting would be so complicated?

Audit

By Michael Renzelman

For years, the number of accounting rules for capital-versus-operating leases has continued to grow and become more and more complex. How many times has a leasing company told you, “This lease qualifies as a capital lease,” only to have your auditors tell you it doesn’t?... read more >

Health Care Reform: 2010 Tax Benefits

Tax

By Ron Kramer

The latest in a series of Insights focusing on the tax provisions of The Patient Protection and Affordable Care Act. Ron Kramer explains the tax credit for small businesses that provide health care coverage to their employees.... read more >