*Please add smartprosnewsletter@smartpros.com to your address book to assure uninterrupted newsletter service.

SmartPros Accounting News & Insights May 1, 2012   Home | Member Services | News | Resource Library | Career Center | Professional Education | Marketplace | Investor Relations

IN THIS ISSUE Newsline: Details of Romney's Economic and Jobs Plan Keep Evolving Op/Ed: What Do Americans Really Want? CPE: Employee Benefit Plan Audits: Changing Rules and Requirements Book Pick: Debacle: Obama's War on Jobs and Growth and What We Can Do Now to Regain Our Future Web version | Archive & subscriptions | Email us  NEWSLINE Details of Romney's Economic and Jobs Plan Keep Evolving Surrogates for presumptive Republican presidential nominee Mitt Romney frequently point to a 59-point economic plan released last year in response to criticisms that the campaign has been short on specific proposals. However, some of Romney's economic policies have changed since the document -- titled "Believe in America: Mitt Romney's Plan for Jobs and Economic Growth" -- was released in September. More in presidential politics: Romney to Hammer Home Economy Views GOP Turns Its Attention to a Running Mate Obama, Clintons Deepen Political and Policy Ties Obama's New Campaign Slogan: 'Forward' Also in the News: Apple Legally Sidesteps Billions in Taxes SEC Sues Two Figures in CalPERS Bribery Scandal Supreme Court Says IRS has 3 years in Tax Shelter Case Landlord: SEC Owes Nearly $8M in Rent for Unused Space City Awarded Financial Reporting Recognition Voters Decide Auditor in Reading, PA, Must Be CPA Five Ways to Use Your Tax Refund Wisely   OP/ED: What Do Americans Really Want? We're generally in agreement that the federal debt and annual deficits need to be reduced. How about tax reform? No one wants to pay more taxes, but no one wants their tax breaks to go away. Has anyone asked his congressman to get rid of the earned income credit he's eligible for? Or the slew of tax breaks that accrue from homeownership?   ONLINE CPE NEW CPE FROM CPA REPORT ONLINE Employee Benefit Plan Audits: Changing Rules and Requirements Based on the need for ongoing accountability of employee benefit plans, government regulators are continuing to stress the importance of performing quality audits. Loscalzo Associates' Gregory M. Clark provides us with an update on how to avoid deficiencies in connection with employee benefit plans audits, by recognizing – and addressing – common problem areas. Take this class  BOOK PICK Debacle: Obama's War on Jobs and Growth and What We Can Do Now to Regain Our Future During the 2008 presidential campaign, Barack Obama promised "a net spending cut" to make government smaller in order to reduce the deficit. But this huge increase in government spending and debt, and the resulting prospect of higher taxes, will make America a poorer country. Are Americans happier because the government has determined where this money should be spent? According to John Lott and Americans for Tax Reform President Grover Norquist, the answer is no, and in Debacle: Obama's War on Jobs and Growth and What We Can Do Now to Regain Our Future they explain why. Buy this book

	About Us | Unsubscribe | Change Email Address | Subscribe | Privacy Policy
This email was sent to: $subst('Recip.EmailAddr'). Subscribe/Unsubscribe If you wish to unsubscribe, please update your subscriptions: http://accounting.smartpros.com/standard/member/newslettersubscription.asp. *If you're a member of the Professional Education Center, your username/password can be used to login via SmartPros portal to unsubscribe. Subscribe for free: http://accounting.smartpros.com/x31520.xml. Read our Privacy Policy. Change Your Email Address Please log in at http://accounting.smartpros.com/x13103.xml and edit your profile, or reply to this newsletter and provide details of your email address change including your old and new email addresses and full name. Editorial News, press releases and other submissions are welcome. For details, visit the SmartPros Editorial page at http://accounting.smartpros.com/x36102.xml. Notice: All unsolicited submissions become the property of SmartPros and cannot be returned. Advertising and Marketing For details on newsletter sponsorship or other advertising opportunities with SmartPros, contact us. © 2012 SmartPros Ltd. All Rights Reserved. Sent by SmartPros Ltd. 12 Skyline Dr. Hawthorne, NY 10532