Entries by Carol LaCombe

DOL Finalizes Executive Order and Summarizes SCA Audits

DOL Finalizes Executive Order # 13495 Executive order # 13495 pertaining to “ Nondisplacement of Qualified Workers” was finalized on January 18, 2013. The ruling ensures qualified workers on a Federal Service Contract who would otherwise lose their jobs as a result of the completion or expiration of a contract will be given the right […]

New Financial Reporting Option for Small Private Businesses

Private, for profit businesses have few choices when it comes to financial reporting for purposes of securing a loan or a surety credit. These entities must adhere to the U.S. Generally Accepted Accounting Principal (GAAP) statements or they will run the risk of not qualifying for credit. However, GAAP often requires a great deal more […]

Improving Your Financial Health in 2013

Presented by John B. Steiger As a New Year begins, many people make resolutions to better themselves and their lives—lose weight, volunteer, spend more time with the kids or grandkids . . . nearly everyone has something they hope to change. Why not add one more important item to your list this year? Throughout the […]

Safe Winter Driving

Winter driving can be hazardous and scary, especially in northern regions that get a lot of snow and ice. Additional preparations can make any trip safer and help motorists deal with emergencies. Here is some safety information to prevent motor vehicle injuries due to winter storms. The three Ps of safe winter driving are PREPARE […]

DOL Issues Final Rule to Implement Executive Order #13495

At the December 2012 Professional Services Council Labor Relations Committee (PSCLRC) meeting, US Department of Labor (DOL) Wage and Hour Division representatives indicated that the Federal Acquisition Regulation Proposed Rule entitled Nondisplacement of Qualified Workers Under Service Contracts should become finalized early next year, possibly in January 2013. DOL stated that they will have a […]

Client Spotlight: Adoption and Foster Care Mentoring

Since 2001, Adoption & Foster Care Mentoring (AFC) has empowered foster and adopted children in Greater Boston to flourish through committed mentoring relationships. AFC is one of only a few mentoring organizations in the country that exclusively serve this population, and it provides the most targeted, specialized mentoring service for young people who have been […]

Let it Snow, Let it Snow, Let it Snow!

If you are a contractor who also plows snow for public or private entities, there are a few things you should know before you start plowing this winter. Your automobile insurance policy will provide you with liability coverage — bodily injury and damage to the property of others — while you are actually plowing. And […]

Seeking Tax Nirvana in 2013

Presented by John B. Steiger, ChFC, AEP Certified Financial Planner ™ If we had to give 2012 a name, we could probably call it the Year of Uncertainty. The upcoming U.S. presidential elections, the pending fiscal cliff, and the ongoing economic issues in the eurozone have combined to make investors more concerned about their future […]

Lessons from Superstorm Sandy

Superstorm Sandy was a catastrophic event by any measure. The damage inflicted on New York City and the surrounding coastal communities was unprecedented. Insured losses are estimated to total between $20 billion and $25 billion. The impact of the storm was tragic but also serves as a reminder for both insurance coverage issues and emergency […]

MetLife Releases Tenth Annual Survey of Employee Benefits Trends

MetLife, the well-known insurance and financial services company, has released its Tenth Annual Survey of Employee Benefits Trends. The survey, conducted in the fall of 2011, included the results of 1,519 interviews with benefits decision makers at companies with staff sizes of at least two employees, as well as 1,412 interviews with full-time adult employees […]