News Archive

An Executive Compensation Checkup

One of the quickest ways for a nonprofit to get in trouble is to pay officers and key employees excessive salaries. To keep on the straight and narrow, consider these five tips for making your compensation decisions: Establish a compensation committee. Designate a group of board members to...

Michael L. Garcia Promoted to Principal

Sansiveri is pleased to announce the promotion of Michael L. Garcia, CPA to the position of Principal. Mike has 12 years of audit and accounting experience. He is responsible for the review and implementation of new technology in the audit and accounting area. Mike provides auditing, accounting, and consulting services...

Employer Mandate Provision of Health Care Reform Delayed Until 2015

The Obama administration announced Tuesday that it is delaying a key provision of the Accountable Care Act (ACA). Initially, the provision of the ACA also known as "Play or Pay" required companies that employ 50 or more workers to offer health care coverage to their employees in 2014 or face...

Jason M. DaPonte Appointed to Board of Trustees at PPAC

We are pleased to announce the appointment of Jason M. DaPonte, CPA, CIT, to the board of directors at the Providence Performing Arts Center (PPAC). Jason’s appointment was approved at PPAC’s board meeting held on May 21, 2013. Jason joined SK&Co. in 2008 with four years of private industry experience....

Amended Corporate Income Tax Rule for Single Member LLCs

Attention Rhode Island Single Member LLCs: The Rhode Island Division of Taxation has amended the corporate income tax rule regarding single member LLCs; you are now required to obtain a federal employer identification number from the IRS in order to file a state return. Previously, single-member LLCs could use the...