Sponsors of certain defined contribution plans, namely 401(k) and 403(b) plans, need to be aware that these plans are subject to nondiscrimination tests known as the Actual Deferral Percentage (ADP) test and the Actual Contribution Percentage (ACP) test.
In response to the extensive changes made by the Tax Cuts and Jobs Act (TCJA), many taxpayers may have been unable to accurately calculate their estimated tax requirements for 2018.
Moves solidify Firm leadership in core areas while reinforcing commitment to developing talent from within
While some are shaking off those post-holiday blues and others are excited about their NFL playoff picks, New York accountants, tax lawyers and taxpayers have other things to ponder.
PKF O’Connor Davies Appoints Christopher Petermann and Garrett Higgins to Firm’s Executive Committee
Nominees Recommended by New Governance Committee
U.S. sales and use tax is governed on a state and local level. Compliance with rules and regulations has always been a challenge for multinational companies.
The Financial Accounting Standards Board (FASB) recently issued an amendment to Accounting Standards Update (ASU) No. 2016-2, Leases (Topic 842) released on February 25, 2016.
Wolters Kluwer Book Details Legislative, Regulatory and Case Law Developments Affecting Nonqualified Plans
Recently, the Internal Revenue Service (IRS) issued interim guidance (Notice 2018-99) concerning the tax treatment of certain qualified transportation fringe benefits (QTFBs) expenses paid or incurred after December 31, 2017.