Insights
Businesses Urged to Prepare for Connecticut’s Paid Family and Medical Leave Act
Connecticut Governor Ned Lamont had previously signed into law the Paid Family and Medical Leave Act (PFMLA).
Impact of SAS 136 on Audits of Employee Benefit Plans
Statement on Auditing Standards (SAS) 136 addresses the audit of employee benefit plans subject to the Employee Retirement Income Security Act of 1974 (ERISA) and deals with the form and content of the audit report.
IRS Examination Topics
During 2020, our Employee Benefit Services Group represented several retirement plans that were selected for examination by the Internal Revenue Service (IRS).
Affordable Care Act of 2010: Forms 1094-C/1095-C
By Anthony Bianchi, Tax Supervisor The Internal Revenue Service released in October the final version of the 2020 Forms 1094-C, Transmittal […]
Decreasing Required Minimum Distributions (RMDs): New Life Expectancy Tables
This is welcomed news to many retirees or near retirees planning and budgeting for their retirement.
Update: 403(b)/457(b) Plans
During 2020, our Employee Benefit Services Group represented several retirement plans that were selected for examination by the Internal Revenue Service (IRS).
Part-Time Workers: Start Counting Hours
The Setting Every Community Up for Retirement Enhancement (SECURE) Act (the Act) of 2019 seeks to expand retirement plan coverage for U.S. workers.
Benefits and Pitfalls of PILOT Agreements for NJ Municipalities
The tax abatement programs for all New Jersey cities dates back to 1961. Beginning in the late 1950s, commercial and manufacturing employers in large New Jersey cities began an exodus from the cities, not only taking with them thousands of jobs but substantially eroding the city’s tax base.
Tax-Based “Snapshots” Throughout the Year
Taxpayers with passive and/or investment income often struggle to accurately assess their quarterly estimated tax filing and payment obligations for both federal and state income tax purposes.
Update: NYC’s Paid Safe and Sick Leave Law
The New York City Office of Labor Policy and Standards recently issued amendments to NYC’s Paid Safe and Sick Leave Law.
Webinar Replay: 13th Annual Private Foundations Executive Symposium
Join us for an exploration of the major issues foundations will face in the coming year, chief among them the […]