Don't Have a Retirement Plan? Maybe an SEP Is the Answer
There are a number of retirement plans available, like Keogh plans and 401(k)s. But, Fiducial thinks a simplified employee pension plan (SEP) may be best.
Never Make These 9 Mistakes with Exempt Employees
The FLSA allows for exemptions from the overtime requirement for certain employees. To be considered "exempt," employees must generally satisfy three tests
Surviving a Business Audit with Audit Techniques Guides (ATGs)
To prepare for a business audit, the IRS researches the industry & issues on the taxpayer’s return. Examiners may use IRS “Audit Techniques Guides (ATGs).”
Shed Light on Your Organization’s Future With a Shadow Board
To keep up with change, many employers are forming a shadow board. These groups of advisors can shed light on your organization’s best future.
The Importance of a Well-Oiled Accounting Function
It’s natural for management to focus on its profit-making areas. However, the importance of a sound accounting foundation cannot be overemphasized.
Employers: The Social Security Wage Base Is Increasing in 2022
The Social Security Administration announced that the wage base for computing Social Security tax will increase for 2022. How will this affect you?
IRS Provides Guidance on ARPA Changes to Pension Plans
The IRS provided guidance on changes made by the ARPA regarding pension plans. The guidance also addresses the funding-based limits on benefits.