There are two basic types of employee stock options for tax purposes: a non-statutory option and a statutory option. Their tax treatment is very different.
DOL announced 2023 annual adjustments to penalties for benefits-related violations. 2023 adjustments are effective for penalties assessed after 1/15/2023.
https://blog.fiducial.com/wp-content/uploads/2023/02/FiducialBlogImage--2023AnnualAdjustmentstoPenalties_10fb57de52d7fe495becd9065de271b8_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2023-02-22 15:04:412023-02-22 15:04:41Annual Adjustments to Penalties for Health Benefits & Employer Plans
The Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0) recently became law. Provisions in the law will kick in over several years.
https://blog.fiducial.com/wp-content/uploads/2023/02/FiducialBlogImage--Secure2_0Plan_1e5fef050b4c2f3932e8fe269821ad62_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2023-02-20 14:01:082023-02-20 14:01:08How the New SECURE 2.0 Law May Affect Your Business
https://blog.fiducial.com/wp-content/uploads/2023/01/FiducialBlogImage--TaxDeferredInvesting_f7ef018f69721e8ac3a92c6c4dd96c04_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2023-01-30 14:00:422023-01-30 14:00:42Tax-Deferred Investing: What You Need to Know
The IRS released the 2023 cost-of-living adjustments (COLAs). These apply to a variety of tax-related limits applicable to many popular fringe benefits.
https://blog.fiducial.com/wp-content/uploads/2022/12/FiducialBlogImage--COLAs_2cded6510c9cb52374fcdb90b8a43755_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-12-23 14:00:402022-12-23 14:00:40Popping Open Some Fringe Benefit COLAs for 2023
What happens when a qualified retirement plan terminates with surplus funds? Employer reversion. And the IRS has specific rules governing this process.
https://blog.fiducial.com/wp-content/uploads/2022/10/FiducialBlogImage--Telehealth_06702dca3c666db65c44a888775ca2a3_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-10-12 13:00:272022-10-12 13:00:27Assessing the ERISA Impact on a Telehealth Benefit