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Law, Accounting & Taxes

Survey: Tax penalty won’t motivate consumers to buy health insurance

Most people don’t believe having to pay a penalty for remaining uninsured will motivate them to buy insurance starting in October. That’s according to the results of a new consumer survey that HealthPocket, Inc., a California firm that ranks and provides information on health plans, issued on April 18. Nearly two-thirds of respondents answered “no”

Report: self-insurance to avoid health-law mandates may not be ‘viable option’ for small firms

It’s not widely known if many small employers will switch to self-insurance to avoid some requirements in the Patient Protection and Affordable Care Act of 2010 (ACA), but stakeholders agree that self-insuring is financially and legally risky for small businesses with fewer than 50 employees. That’s the finding in a new report from the Washington,

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Bonadio grows Syracuse–based internal-audit business with acquisition

SYRACUSE — The Bonadio Group’s acquisition of a Vermont accounting firm specializing in internal audits for banks will boost growth at Bonadio’s Syracuse–based internal audit team. Rochester–based Bonadio Group, which has Central New York offices in Syracuse, Geneva, and Utica, announced April 30 it would acquire Rutland, Vt.–based Independent Audit Associates (IAA) in a deal

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