Tag: employee benefit plans

tax deduction workplace retirement plans
Boost Tax Deductions by Adopting a Workplace Retirement Plan

Employers who could use a federal income tax deduction for 2020 can consider retroactively adopting…

Read More
audit communications sas 136
Audit Communications to Plan Sponsors Under SAS 136

SAS 136 will meaningfully change the employee benefit plan audit process for plan sponsors with…

Read More
NQDC Plans
Navigating the Complexities of Nonqualified Deferred Compensation Plans

While NQDC plans are common among U.S. companies, some employers may not be aware of…

Read More
SAS 136
Upcoming Changes to ERISA Benefit Plan Audits: What Plan Sponsors Need to Know

Plan sponsors should begin preparing for new standards related to ERISA employee benefit plans, including…

Read More
Preparing for a First-Time 401k Plan Audit
Preparing for a First-Time 401k Plan Audit

For retirement plan administrators preparing for a first-time audit, much of the process can seem…

Read More
ASC 820 Fair Value Disclosures
Disclosure Requirements for Benefit Plan Assets & Liabilities (ASC 820)

The Financial Accounting Standards Board (FASB) has simplified certain disclosure requirements related to measuring the…

Read More
Administrator business man financial inspector and secretary making report calculating balance. Internal Revenue Service checking document
What Plan Sponsors Need to Know About DOL Enforcement and Red Flags

Being selected for a Department of Labor (DOL) audit is not exactly a prize most…

Read More
Two business people calculate their business in the office.
Changes to Standards for ERISA Employee Benefit Plan Audits

Last week, the AICPA’s Auditing Standards Board (ASB) released new standards (SAS No. 136) regarding…

Read More
Cropped shot of a handsome young businessman packing up his desk at work after being let go
Forfeiture Accounts: Not Just Another Participant in Your 401(K) Plan

The start of a new plan year is a great time to review the balance…

Read More
Shot of an unrecognizable businesswoman using a digital tablet with graphs on it in a modern office
What to Expect During a First-Time Plan Audit

Growing beyond 100 employees is an important landmark in a company’s history. While companies may…

Read More