The Indiana Department of Revenue has rolled out a new website called INTIME. Starting September 3, 2019 all Indiana-based non-profits, corporations, partnerships, etc. will need to register for INTIME. Rollout 1 (September 3, 2019) includes tax types for: Aircraft Dealer, Aircraft Excise, C Corporation, S Corporation, Partnership, Financial Institution, Non-Profit and Utility Receipts. Individual filers ... Read More ›
On May 30, 2019, the Department of Labor’s (DOL) Office of Labor-Management Standards published a Notice of Proposed Rulemaking to establish a Form T-1 to require annual reporting on financial information pertinent to “trusts in which a labor organization is interested.” The DOL is proposing this form because it believes this information has largely gone ... Read More ›
Your financial statements look good. The independent auditors’ opinion says the financial statements are fairly stated in accordance with the basis of accounting used by your district. So why are the auditors giving you that other letter — the one that feels like a bad report card?
In an audit of financial statements, professional standards require ... Read More ›