All News for the Month of March 2015
Tax Season Blues? Plan now for next April (Special to Las Vegas Business Press)
April15 has come and gone. You have filed your 2014 taxes and maybe even received arefund already. Time to relax until January, right?Wrong! Now is thetime to start planning your improved...
Financial Fridays (Aired April 17, 2015)
Our radio show originally aired live in Las Vegas on April 17th at 3 pm on KLAV 1230 AM, but we have a podcast of the show available so you can listen to our line up of great guests anytime. Our experts this week included:Jay...
Workers With 401(k)s are Better Positioned for Retirement
Time Magazine (Penelope Wang): Americans are on track to replace 60% of income, but only one in five pre-retirees report good health. That's likely to prove costly.There's a growing retirement savings gap between workers...
Financial Fridays (Aired April 10, 2015)
Our radio show originally aired live in Las Vegas on April 10th at 3 pm on KLAV 1230 AM, but we have a podcast of the show available so you can listen to our line up of great guests anytime. Our experts this week included:John...
Traditional IRA Contributions See Dip
Employee Benefit News: Fewer than one in five American workers are contributing to traditional individual retirement accounts, with many pointing to a lack in financial confidence to afford such contributions as one...
Workers Willing to Give Up Raises in Exchange for Secure Retirement Income
Employee Benefit News: As corporations continue to freeze or eliminate defined benefit plans, American workers may be getting increasingly concerned about their financial security in retirement and looking for guaranteed...
Train Your Employees to Be Fraud Fighters (LV Business Press Guest Article)
Las Vegas Business Press (Mike Rosten, CPA, CFE): Fraud can be devastating to any business, but small business owners are especially vulnerable to the costs of financial betrayal by a trusted employee. Companies with...
Financial Fridays with Guest Mike Rosten (Aired on March 27, 2015)
With the busy tax season upon us, Michael Rosten, CPA,CFE a PBTK Principal and our forensic accounting practice leader will be both the co-host and guest in Scott Taylor's absence for Financial Fridays this week. Our...
Fee Range Wide for Small 401(k) Plans
Employee Benefit News: The wide range of all 401(k) plan fees paid by small plan sponsors and participants, from a low of .43% to a high of 1.88%, might be indicative of the opportunity many such sponsors have to trim...
What is Affinity Fraud? And How to Avoid It
SEC.gov: Affinity fraud refers to investment scams that prey upon members of identifiable groups, such as religious or ethnic communities, the elderly, or professional groups. The fraudsters who promote affinity scams...
PBTK Tax Associate Aaron Merrill Earns CPA Designation
March 25, 2015 – Aaron Merrill, a Tax Associate with Piercy Bowler Taylor & Kern (PBTK), has recently received his Certified Public Accountant (CPA) designation.Merrill, a graduate of Southern Utah University, received...
10 Mistakes That May Trigger a 401(k) Plan Audit
Employee Benefit News: Benefit professionals, at a minimum, should take the time now to sit down with outside ERISA counsel and plan an internal audit to ensure that their plans are in compliance, says Heidi L. Lamarca,...
CFO Magazine: Most Internal Fraud Still Swept Under the Rug
LOS ANGELES — Even when employers have good cases against internal fraud, they often don't refer them to law enforcement. Many companies handle instances of such fraud internally and very quietly make the employee “go...
Financial Fridays (Aired March 20, 2015)
Our radio show last Friday originally aired live in Las Vegas at 3 pm on KLAV 1230 AM, but we have a podcast of the show available so you can listen to our line up of great guests anytime. Our experts this week included:Jay...
April 2015 Retirement Plan Deadlines
Retirement plan administrators and 401(k) plan sponsors should be aware of the following April 2015 administrative deadlines for defined contribution plans:Defined Contribution Retirement Plan Deadlines April...
James Andrus Joins Board of Nonprofit Courage Reins
March 16, 2015 – James Andrus, CPA of Piercy Bowler Taylor & Kern (PBTK), a full-service accounting firm with offices in Salt Lake City and Las Vegas, has recently joined the board of directors for Courage Reins...
SL Tribune: Utah Lawmakers Pass White Collar Crime Registry
Utahns can easily check to see if there are convicted sex offenders living in their neighborhoods by checking online at the state's sex offender registry. But if they're looking to invest, there's no similar site to...
Financial Fridays (Aired March 13, 2015)
Last Friday our show aired live in Las Vegas on March 13th at 3 pm on KLAV 1230 AM . For more info on our experts this week, here are their brief bios:John Restrepo is the Principal of RCG Economics in Las Vegas, Nevada,...
Bill Nelson Discusses Fraud and Finances on Real Estate Radio
Piercy Bowler Taylor & Kern's Bill Nelson joined the Real Estate Radio Network recently to discuss finances and fraud. He goes into detail about financial statement reporting, and talks in great length about how...
IRS - 2015’s Dirty Dozen Tax Scams
Phone scams, phishing, and identity theft topped this year's IRS list of the “dirty dozen" tax scams, which the IRS has been releasing, one scam at a time, since Jan. 22. The one-scam-a-day approach allowed the IRS...
What Type of Retirement Plan is Best for High-Earning Professionals?
Journal of Accountancy: Cash balance plans offer owner-employees in professional practices a vehicle to defer tax on income well in excess of the annual contribution limits of traditional Sec. 401(k) and profit sharing...
Financial Fridays with IRS Public Affairs Officer (Aired March 6, 2015)
Last Friday our radio show, which aired live in Las Vegas on March 6th at 3 pm on KLAV 1230 AM, featured a great line up of guests including a public affairs officer from the IRS and the Vice President of The Nevada...
PCAOB Issues No Findings Report After PBTK Inspection
On February 26, 2015 the Public Company Accounting Oversight Board (PCAOB) issued its “no findings" report related to Piercy Bowler Taylor & Kern's SEC audit practice and quality control systems. While consistent...
Ralph Piercy: Remembering UNLV Basketball Coach Jerry Tarkanian
PBTK Managing Partner Ralph Piercy played basketball for UNLV in the mid-1970s, one of the first teams to be coached by Jerry Tarkanian. Ralph was recently interviewed about his time as a Runnin' Rebel. Watch the...
Dani Eaton - Dixie State's March 2015 Featured Alumni
Dani Eaton (’10) was born in Cedar City, Utah and grew up in St. George. She graduated from Pine View High School and attended Dixie State where she received her Bachelors in Accounting in 2010. She...
Apple Pay Fraud on the Rise
By pymnts: Criminals in the US have found a way to use Apple Pay to push fraud, and they are doing so in increasing numbers.“Apple Pay fraud has now graduated from an itch to a raging infection,” wrote Cherian...