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Articles for March 7, 2007
 Umbaugh's News  
WHAT YOU NEED TO KNOW ABOUT OPEB AND GASB 45  

Employees of local government are often compensated well beyond their days of service.  Frequently, this compensation is in the form of pensions, defined benefit health insurance programs, dental, vision, prescription drugs, life insurance and perhaps legal services.  Can you compute how much these benefits will cost the employer and for how long the employer will be liable?

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JOE DONINGER RETIRES  


Everyone at Umbaugh sends good wishes Joe Doninger upon his retirement from the firm.  Joe worked in the Accounting Services Group in the Indianapolis office for 22 years.

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CIRCULAR 230 DISCLOSURE:

To ensure compliance with recently-enacted U.S. Treasury Department Regulations, we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including any attachments, is not intended or written by us to be used, and cannot be used, by anyone for the purpose of avoiding federal tax penalties.

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