- Insurance companies should expect an impact from tax reform legislation on their 2017 financial statements.
- The SEC plans to finalize a rule revising the definition of “smaller reporting company” in the fall of 2018. The revision is intended to and let more companies file registration statements and periodic reports with a lighter load of disclosures. The current threshold is set at $75 million in public float, and the SEC in June 2016 proposed raising it to $250 million.
- CMS announced over 8.7 million individuals enrolled in 2018 insurance plans on HealthCare.gov as of Dec. 23.
- The IRS and Treasury Department’s first major guidance under the recent tax reform bill clarifies issues related to the new repatriation tax.
- An audit does not need to be a complex, frustrating ordeal. You can achieve a smooth, efficient audit that provides major value to your organization by adhering to one principle: preparation.
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