On September 27th, the Department of Education finally released the new Audit Guide for proprietary schools and Title IV third party servicers. The new guide will be effective for fiscal years beginning after June 30, 2016. McClintock & Associates has reviewed the new Audit Guide and is in the process of...
McClintock & Associates has two new additions to our firm family! Please join us in welcoming Marissa and Christian. Marissa joined as a Staff Accountant in the Audit Department. Prior to joining the firm, she worked as an Experienced Associate in the Wealth Management and Tax Services Department at a Big...
The Department of Labor (DOL) is continuing to focus its efforts on improving the audit quality of employee benefit plans. During 2015, the DOL released a report called “Assessing the Quality of Employee Benefit Plan Audits” in which the agency reviewed 400 plan audits. As a result of this review,...
By Kelly Brennan The Internal Revenue Service has reported a significant surge in tax scams and fraudulent tax returns using taxpayer social security numbers and information. A problem that is effecting millions of Americans and costing taxpayers billions of dollars is the number of fraudulent tax returns being filed. Identity thieves...