AICPA Appoints McGladrey’s Bob Adams to IRS Practice & Procedures Committee

PRLog (Press Release) - Sep 01, 2011 - WASHINGTON, DC – (September 1, 2011) – Bob Adams, managing director – Washington National Tax for RSM McGladrey, one of the country’s leading providers of tax and consulting services under the McGladrey brand (http://www.mcgladrey.com), was recently appointed by the American Institute of Certified Public Accountants (AICPA) as a member of the Internal Revenue Service (IRS) Practice & Procedures Committee for the 2011-2012 volunteer service year beginning in October.

The IRS Practices and Procedures Committee acts as the AICPA’s primary liaison with the IRS to improve the current tax administration system for the benefit of members, clients, the public and the government through ongoing communications and information sharing with the IRS, monitoring of relevant legislative and regulatory developments, reviewing of tax forms and recommending improvements and by developing products and services to assist members.

“At RSM McGladrey, we understand the importance of truly understanding (http://mcgladrey.com/News-Releases/RSM-McGladrey-and-McG ...) – our clients and the industry,” said Neal Weber, managing director-in-charge – Washington National Tax for RSM McGladrey. “Bob has more than 40 years of tax and regulatory experience, so he understands the complexities that CPAs face every day. We are confident that his appointment to this important committee will result in true value for the AICPA’s 377,000 members, while simultaneously strengthening the ‘gateway of connectivity’ for our clients with policy makers influencing the tax world.”

“It is an honor to be appointed to the IRS Practice & Procedures Committee,” said Adams. “I’m looking forward to contributing to the profession in this new role, while learning from industry experts from across the nation.”  

Adams joined RSM McGladrey in November 2010 after spending nine years with the IRS, the last five in Washington, D.C. where he served as senior advisor to the Commissioner and Deputy Commissioners of the Large Business and International division (formerly Large and Mid-Size Business division).  Before that, he was senior industry advisor to the Director of Heavy Manufacturing & Transportation. He has also held a number of leadership positions for various national and international corporations.

Adams holds a J.D. from Tulane University and a B.S.B.A. in accounting from the University of Louisiana, Lafayette, where he graduated Cum Laude. He is a frequent speaker at tax conferences, as well as domestic and international tax seminars.

About the AIPCA
The American Institute of Certified Public Accountants (AICPA) is the world’s largest association representing the accounting profession, with 377,000 members in 138 countries. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting; membership is also available to accounting students and CPB candidates. The AICPA sets ethical standards for the profession and U.S. auditing standards for audits of private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination.

About McGladrey
McGladrey is the brand under which RSM McGladrey, Inc. and McGladrey & Pullen, LLP serve clients’ business needs. Together, they rank as the fifth-largest U.S. provider of assurance, tax and consulting services, with 7,000 professionals and associates in more than 80 offices. The two firms operate as separate legal entities in an alternative practice structure. McGladrey & Pullen is a licensed CPA firm that provides assurance services. RSM McGladrey is a leading professional services firm providing tax and consulting services. Both firms are members of RSM International, the sixth-largest global network of independent accounting, tax and consulting firms. For more information, visit the McGladrey website at www.mcgladrey.com, join our Facebook fan page at McGladrey News (http://facebook.com/McGladreyNews) and/or follow us on Twitter @ McGladrey (http://www.twitter.com/mcgladrey).

McGladrey is the brand under which RSM McGladrey Inc., and McGladrey & Pullen LLP serve clients’ business needs. Together, they rank as the fifth largest U.S. provider of assurance, tax and consulting services, with 7,000 professionals and associates.

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Outsourcing Payroll Can Be a Sound Business Practice, But Know Your Responsibilities as an Employer

PRLog (Press Release) - Aug 03, 2011 - Some of the services provided by Third-party payroll providers are:

- Administering payroll and employment taxes on behalf of the employer, where the employer provides the funds initially to the third-party.

- Reporting, collecting and depositing employment taxes with state and federal authorities.

Employers who outsource some or all of their payroll responsibilities should consider the following:

- The employer is ultimately responsible for the deposit and payment of federal tax liabilities. Even though the employer may forward the tax amounts to the third-party to make the tax deposits, the employer is the responsible party. If the third-party fails to make the federal tax payments, the IRS may assess penalties and interest on the employer’s account. The employer is liable for all taxes, penalties and interest due.  The employer may also be held personally liable for certain unpaid federal taxes.

- If there are any issues with an account, the IRS will send correspondence to the employer at the address of record.  The IRS strongly suggests that the employer does not change their address of record to that of the payroll service provider as it may significantly limit the employer’s ability to be informed of tax matters involving their business.

- Employers should ensure their payroll service providers are using EFTPS (Electronic Federal Tax Payment System) so the employers can confirm that payments are being made on their behalf.  Everyone should use EFTPS and Treasury regulations require electronic payment for payroll taxes over $200,000 in a calendar year.  Employers should register on the EFTPS system to get their own PIN and use this PIN to periodically verify payments. A red flag should go up the first time a service provider misses or makes a late payment. When an employer registers on EFTPS they will have on-line access to their payment history for 16 months. In addition, EFTPS allows employers to make any additional tax payments that their third-party provider is not making on their behalf such as estimated tax payments.

EFTPS is secure, accurate, easy to use and provides an immediate confirmation for each transaction.  The service is offered free of charge from the U.S. Department of Treasury and enables employers to make and verify federal tax payments electronically 24 hours a day, 7 days a week through the Internet, or by phone.  For more information, employers can enroll online at EFTPS.gov, or call EFTPS Customer Service at (800) 555-4477 for an enrollment form.

There have been recent prosecutions of individuals and companies who, acting under the guise of a payroll service provider, have stolen funds intended for payment of employment taxes. For more information, visit the Examples of Employment Tax Fraud Investigations - Fiscal Year 2011.

Remember, employers are ultimately the parties responsible for the payment of income tax withheld and both the employer and employee portions of social security and Medicare taxes.

Employers who believe that a bill or notice received is a result of a problem with their payroll service provider should contact the IRS as soon as possible by calling the number on the bill, writing to the IRS office that sent the bill, calling 1-800-829-4933, or visiting a local IRS office. For more information about IRS notices, bills and payment options, refer to Receiving a Bill from the IRS and Publication 594, The IRS Collection Process (PDF).

IRS e-News for Small Businesses
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Camden Delta Appoints Scott Leuchter Midwest Region Partner and Practice Leader

PRLog (Press Release) – Jul 24, 2011 – Camden Delta Consulting, LLC announced today that Scott Leuchter joined the firm as a Partner and leader of the Organizational Transformation practice.

Glen Kallas, Managing Partner of Camden Delta proudly welcomes Scott Leuchter to the fast growing strategic human capital consulting firm. “We are very excited to have Scott join our growing and experienced team at Camden Delta. Scott brings impressive capabilities, credentials and experiences at a time when our clients are being tested by very challenging circumstances and business conditions. He brings years of hands-on experience as a practitioner and consultant, a collaborative spirit, and the sophistication and thought leadership that our clients are seeking. I know our clients will appreciate and benefit from his expertise."

When asked about his reasons for joining Camden Delta, Leuchter stated, “When I saw the consultants in the firm exhibit their values, purpose, and vision daily with clients, each other and the community, I knew that a partnership with Camden Delta would align with my own values, purpose and vision”.

Leuchter brings over 20 years of leadership and management experience in strategic human resources and talent Management in professional services firms with a primary focus in organizational change management and development engagements. Prior to joining Camden Delta, Scott was President of Pronovo Consulting, a management consulting firm that helped individuals, groups, and organizations flourish through organizational transformations.

He has held senior leadership and management positions with Crowe Horwath and Ernst & Young in Chicago, two of the largest public accounting firms. Scott began his Human Resources career as a recruiter with an Inc. 500 executive search firm in California where he held a variety of positions including Area Managing Director and Corporate Operations Manager. Prior to beginning his career in Human Resources, Scott spent 10 years in the United States Army where he gained invaluable leadership domestically and internationally.

Kallas goes on to say, “We love that Scott, like so many of our consultants, brings the ‘both sides of the desk’ experience to our clients. It’s important for our clients to know that the consultants they are working with truly understand their business and challenges. I think it makes us better consultants and partners.”

Leuchter will lead the firm’s Organizational Transformation practice where he will focus on developing targeted solutions to help improve clients overall strategic alignment, organizational effectiveness, and business results. Scott will be responsible for building and expanding Camden Delta’s presence and relationships in the Midwest market.

In addition to his responsibilities with Camden Delta, Scott actively presents programs to Chicago land Human Resources associations including the Society of Human Resources Management. Scott is currently the Treasurer and Vice President/President Elect for the Human Resources Association of Greater Oak Brook and teaches graduate-level classes in Human Resources as an adjunct faculty member for The Chicago School of Professional Psychology.

Camden Delta, LLC is a management consulting firm founded in 2006 and headquartered in Atlanta. Its services include strategic organizational change management, human resources strategy, organizational effectiveness, strategic workforce planning, integrated talent management process improvement, employee engagement and leadership/individual coaching. Globally based clients include mid cap to Fortune 1000 companies across various industries. For more information, visit www.camdendelta.com.

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BrainSell and ReSTAR Join Forces to Create Thriving Sage Accpac Practice. Retraction and correction

BrainSell and ReSTAR Join Forces to Create Thriving Sage Accpac Practice. Retraction and correction.

FOR IMMEDIATE RELEASE

PRLog (Press Release) – Jul 13, 2011 – Topsfield, MA – July 13, 2011 - BrainSell Technologies, a leader in providing business software solutions, wishes to retract our previous press release with a clarification and an apology. We are not "acquiring" the company, ReSTAR, but rather, they are merging their Sage Accpac customer list with BrainSell's existing Accpac practice.
BrainSell and ReSTAR will maintain a strategic relationship that will benefit from BrainSell's increased level of support and diverse business knowledge and product offerings. Likewise, BrainSell’s client base will benefit from ReSTAR's Accpac experience, along with the point of sale experience of ReSTAR's TransManager™. TransManager provides a seamless interface between the Aloha Point of Sale system and accounting and payroll software applications. TransManager can create electronic accounting transactions from the POS and back office systems to accounting and payroll systems. TransManager will save hours of manual data entry. Data is captured and converted then imported into the accounting/payroll modules seamlessly.
"The partnership will give us a strategic relationship between ReSTAR and BrainSell," said Bill Oleksinski, President of ReSTAR. "The relationship gives us an opportunity to provide our clients with an even greater level of sales and support for Sage products as well as solutions outside of the Sage brand."
Current ReSTAR customers will continue to receive the same caliber of support from their existing contacts. However, customers will also benefit from BrainSell's extensive team of Accpac engineers, as well as CRM experts if they choose to increase sales with customer relationship management tools.
"Providing our customers with a greater depth of knowledge of Accpac software is our main objective in this merger," said BrainSell President and CEO Jim Ward. "We are extremely enthused to work with the ReSTAR team to add value to all clients as well as build on their experience within the hospitality vertical and utilize their TransManager™ solution ."
About BrainSell
BrainSell is a business solutions company that is dedicated to helping businesses grow, create a delighted customer base and achieve grand success. -1241008838  BrainSell provides comprehensive ERP, CRM, and marketing automation solutions and services, including training, implementation and software development. Founded in 1994 and headquartered in Topsfield, Massachusetts, BrainSell continues to grow in product knowledge and offerings.
Visit www.brainsell.net to start improving sales and productivity today.

Contact:
Sonja Fridell
Director of Marketing and Business Development
(866)356-2654 x206
sfridell@brainsell.net

# # # Our passion is helping companies improve their business through technology. Let us help you boost your profits and efficiency with Customer Relationship Management (CRM), accounting solutions and Enterprise Resource Planning (ERP).
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