When establishing a retirement plan, be sure to avoid common missteps when setting up your company’s retirement plan.
The IRS extended the due dates for plan sponsors to incorporate required amendments under the SECURE, CARES, and Miners Acts. Plan sponsors should review these deadlines with their service providers.
The IRS is piloting a pre-examination compliance program for retirement plans, which provides plan sponsors with 90-day window to review plan operations and make corrections prior to examination.
The IRS provides some relief amid rising gas prices with an optional increase to the standard mileage rate for business travel.
Growing businesses need to add workers. As the popularity of independent contractors grows, so does scrutiny over employee classification.
Throughout a plan’s life cycle, employers should consider whether their plans remain compliant and aligned with the organization’s goals.
Notice 2021-49 provides answers on previously uncertain issues and addresses changes implemented in the American Rescue Plan Act.
Notice 2021-42 provides guidance for cash payments from foregone vacation, sick or personal leave made by employers to charities.
In this issue, we discuss how to best handle 2021 after a tumultuous 2020. Other topics include labor and workforce, human capital and more.