by Bill Jones | Jul 10, 2024 | Audit and Accounting, Tax Watch
Employers that sponsor employee benefit plans (EBPs) must ensure that they comply with federal laws enforced by the IRS and the U.S. Department of Labor (DOL). The government uses Form 5500 to collect information about EBPs and monitor employers’ legal and regulatory...
by Bill Jones | Feb 6, 2024 | Audit and Accounting, Manufacturing & Distribution, Tax Watch
There are new law changes by the United States Department of Labor (DOL), IRS, Pension Benefit Guaranty Corporation(PBGC) and Secure Act 2.0 as regards to employee benefit plans. Employee benefit plans generally are required to file annual returns/reports about, among...
by Bill Jones | Nov 15, 2022 | Audit and Accounting, Employee Benefit Plans, Tax Watch
Offering a retirement plan can be one of the most challenging, yet rewarding, decisions an employer can make. Employees, their beneficiaries, and the employer can benefit when a retirement plan is in place and they participate. However, administering a plan and...