Internal audit functions are being challenged to understand risks that accompany rapid technology advancements. By embracing new technologies and developing new skills in their operations, internal auditors can develop a point of view on these risks and deliver value to the organization.
Companies that do best at managing employees' health costs use a wide variety of tactics, according to Willis Towers Watson. Such strategies include offering account-based plans with health savings accounts and implementing spousal surcharges if employees' spouses have coverage available elsewhere.
To help taxpayers affected by winter storms Quinn and Skylar, the Internal Revenue Service has announced it is extending the deadline for some businesses in those areas to file for extensions of time for Form 1065, US Return of Partnership Income, Form 1065-B, US Return of Income for Electing Large Partnerships, and Form 1120S, US Income Tax Return for an S Corporation.
The Offshore Voluntary Disclosure Program is ending Sept. 28, the Internal Revenue Service has announced. The IRS says awareness about offshore tax obligations has improved.
The consumer price index rose 0.2% in February compared with January, lessening fears of accelerated inflation spurred by a 0.5% increase of the index in January. The cost of housing, clothing and auto insurance climbed significantly.
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