Tax Relief In Disaster Situations
Tax Relief Update: The IRS has issued disaster-related extensions for specific states and counties. Use this link to verify your eligibility for extended deadlines and available relief options today: https://www.irs.gov/newsroom/tax-relief-in-disaster-situations
Celebrating 50 Years Of ERISA
This Labor Day marks 50 years since the Employee Retirement Income Security Act of 1974 (ERISA) was signed into law by President Gerald Ford. The law passed in the House of Representatives 407 to 2 and in the Senate 85 to 0. The retirement landscape is significantly different now than it was when ERISA first […]
How To Know If Your Plan Needs An Audit
Navigating the intricacies of employee benefit plans can be a daunting task for any company, especially when it comes to understanding whether an audit is necessary. To shed light on this crucial aspect, we’ve compiled essential information to help you determine if your plan requires an audit. Participant Number Once your plan reaches 100 participants, […]
DOL Releases 2023 Employee Benefit Plan Audit Quality Study: Quantity = Quality
The selection of a qualified plan auditor is a key fiduciary responsibility for plan administrators. A thorough audit performed by experienced plan auditors will not only assist with plan compliance but can also provide value added operational feedback on plan operations. In its latest audit quality study released in November 2023, the Department of Labor […]