Finance

Proper Tax Reporting for Labor Unions, Part Three, 1099 Forms
Finance

Proper Tax Reporting for Labor Unions, Part Three, 1099 Forms

March 14, 2017  By Salvatore J. Armao, CPA/PFS, CFP, CFE, CGMA This is the third in a series on proper tax reporting for labor unions. As tax time nears, labor unions need to know about circumstances in which they may make common errors in tax reporting. This article will focus on 1099 forms. The general…

Proper Tax Reporting for Labor Unions
Finance

Proper Tax Reporting for Labor Unions

January 16, 2017 By Salvatore J. Armao, CPA/PFS, CFP, CFE, CGMA As tax time approaches, it becomes imperative that labor unions become aware of ways in which they may be missing the boat on proper tax reporting. To aid in their efforts, this will be the first in a series of articles on common areas…

Wells Fargo Failure & Dodd-Frank’s Failure
Finance, National

Wells Fargo Failure & Dodd-Frank’s Failure

January 3, 2017  By Stephanie West Washington, DC – Wells Fargo Bank’s third failure to produce a credible “living will” by which it could fail without a large bailout, shows as well, the failure of the Dodd-Frank Act to end too-big-to-fail Wall Street banking. Wells Fargo on Dec. 13 had its “living will” rejected by…

Fight for $15 Continues
Finance, New York

Fight for $15 Continues

September 28, 2016  By Tara Jessup  New York, NY — Thousands of workers, from the New York region and beyond, protested outside the first presidential debate at Hofstra University Monday evening demanding $15 and union rights.

NYS Budget Supports Those Fallen Behind
Finance

NYS Budget Supports Those Fallen Behind

April 9, 2016 By Teamsters Joint Council 16 President George Miranda New York, NY – "It’s often said that a society can be judged by how it treats the least fortunate and those who have fallen behind. Governor Cuomo is leading the way and demonstrating that New York always rises to the occasion by raising the…

Cutting Pension Benefits: MPRA and the Central States Pension Plan
Finance

Cutting Pension Benefits: MPRA and the Central States Pension Plan

April 6, 2016 By Tim Connor, FSA, EA, MAAA, Charles Clark, ASA, MAAA, EA and Paul R. Bonsee Another of the five key plan issues for 2016 facing multiemployer plan sponsors, administrators and fiduciaries is the impact of MPRA. There are many important details, but here are the highlights and some of the key issues.

Saving for Your Future: Questions to Ask Yourself Now
Finance

Saving for Your Future: Questions to Ask Yourself Now

Febraury 23, 2016 By Michael Fina, Radius Bank, Union Relationship Manager (FDIC Consumer News) Finding money to put into savings can seem difficult, but there are some strategies that can make it easier. Start by asking yourself these questions. Do I have savings goals? Knowing how much you want to save and why can help you…

Five Pension Plan Issues for Trustees and Administrators to Consider in 2016
Finance

Five Pension Plan Issues for Trustees and Administrators to Consider in 2016

February 9, 2016 By Paul R. Bonsee  Multiemployer plan sponsors, administrators, and fiduciaries will continue to be challenged in 2016 as they have been in recent years. Market volatility, the interest rate environment, labor markets, and regulatory and legislative changes are just some of the headwinds that they face on behalf of their members. However,…

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