Don’t Forget about GASB 74 & 75
Implementing GASB 74 & 75 is right around the corner. Although not applicable until 2017 and 2018 respectively these standards require significant planning to help ensure timely implementation. Now is the time to speak to your Auditors and Actuaries about upcoming Other Post Employment Benefit (.....
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OMB Proposes Changes to Data Collection Form
The current Form SF-SAC, Data Collection Form for Reporting on Audits of States, Local Governments and Non-profit Organizations (Data Collection Form), is being updated for Single Audits performed in accordance with the OMB's Uniform Administrative Requirements, Cost Principles, and Audit Requiremen.....
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Despite Expiration Date, Employers Should Continue to Use Form I-9
The U.S. Citizenship and Immigration Services (USCIS) announced that, until further notice is provided, employers should continue to use the current version of Form I-9, Employment Eligibility Verification, even though the form has a March 31, 2016 expiration date. Employers must complete Form .....
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Do you have a large Tax Title balance on your books?
Are you aware that you can sell your tax liens?  Selling, also called assigning, tax liens offers Massachusetts communities an alternative to the Land Court foreclosure process.  This provides the tax collectors with the option to receive immediate revenues on the liened accounts and avoid the nee.....
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AICPA - Preparing for a Single Audit Under the Uniform Guidance: An Auditee Perspective
The Governmental Audit Quality Center (GAQC) hosted a webinar on the new Uniform Guidance (UG) for single audits. The webinar covers topics including background and overview of Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards at 2 CFR 200 (UG), an overv.....
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