On March 6, 2019, the IRS issued Notice 2019-18, which reverses the IRS’s previously stated intention to prohibit defined benefit plans from offering lump sum…read more
October 24, 2019 – Are you a non-public company that implemented the new Financial Accounting Standards Board (FASB) Revenue Recognition Standard (ASU 2014-09) this year? …read more
FACTS: Company is undergoing bankruptcy proceedings. Company has unpaid debts including payroll taxes. CEO has control of all aspects of the company. CEO submits to…read more
October 9, 2019 – As a general rule, Department of Labor (DOL) regulations specify that salary deferrals and loan repayments withheld from employee paychecks should…read more
September 17, 2019 – Regulations issued by the IRS have clarified new hardship withdrawal rules for 401(k) and 403(b) plans under the Bipartisan Budget Act…read more
August 27, 2019 – Internal Revenue Service (IRS) Revenue Procedure 2019-20, which is effective September 1, 2019, most notably provides for a limited expansion of…read more
August 14, 2019 – In a move that may bring some relief to private companies who have just expended significant time and effort implementing the…read more
February 11, 2019 – Although any employee may be a target for a cyber attack, individuals working in Finance, Human Resources, Information Technology and the…read more
January 9, 2019 – In our past blogs, we’ve gone into a few opportunities available from a data analytics program. Nevertheless, implementation may pose a…read more
January 3, 2019 – Growth and efficiency are at the top of the agenda for all companies regardless of their status as for-profit or not-for-profit….read more