SAS 136 includes requirements to communicate reportable findings identified as a result of testing relevant plan provisions.
Uncertainty about significant tax changes proposed in the Build Back Better bill require attention and action from taxpayers.
An effective family office requires the right mix of internal and external capabilities to balance best-in-cost with best-in-class.
National Taxpayer Advocate, Erin Collins, recommends the IRS pause automated collection notices. Congress may consider the recommendation.
Employers need to react quickly to the new guidance to pay in amounts as if they were incurred on Dec. 31, 2021.
The IRS has released its annual cost-of-living adjustments for retirement plan limits, effective Jan. 1, 2022.
Employers must set compensation policies for remote workers taking into account federal and state tax laws and state legal requirements.
House Ways & Means reconciliation bill contains significant changes to renewable energy credits as well as new excise taxes.
Owner readiness is crucial to successful business succession, but many struggle with this first step. Read more on planning goals.
Business owners who work for the company may facilitate an ownership transition by separating service payments from company value.
ESOPs are a unique tool that can be valuable to selling shareholders, corporations and employees in a corporate succession plan.
Growing businesses need to add workers. As the popularity of independent contractors grows, so does scrutiny over employee classification.
The Ways and Means Committee proposed legislation targeting digital assets to increase tax revenue via wash and constructive sales rules.
Change management for family offices can be especially challenging because of family dynamics, complex wealth and lean staff.
Taxpayer Advocate Service is wrestling with a backlog of cases trying to navigate the changing environment of the pandemic.
Throughout a plan’s life cycle, employers should consider whether their plans remain compliant and aligned with the organization’s goals.