Read About - Is Your Retirement Plan at Risk of a DOL Investigation?March 15, 2022
Implementing a competitive employee benefits package is vital to attracting and retaining top talent for your organization
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Read About - M&A Technology is Transforming Due Diligence and Deal ExecutionMarch 3, 2022
Mergers and acquisitions (M&A) typically require a great deal of due diligence by the buyer
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Read About - SAS 136 and Preconditions for an ERISA Section 103(a)(3)(C) AuditMarch 1, 2022
The American Institute of Certified Public Accountants (AICPA) Auditing Standards Board has issued a Statement on Auditing Standards (SAS) 136, "Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA" (codified as AICPA, Professional Standards, AU-C 703), with new audit requirements for employee benefit plans
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Read About - Cybersecurity Requests in DOL AuditsMarch 1, 2022
DOL investigators are increasingly questioning plan sponsors, fiduciaries, and service providers about how their ERISA-governed plans manage cybersecurity threats
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Read About - Outsourced Bookkeeping Services: How to Find the Ideal BookkeeperFebruary 28, 2022
Private businesses of all sizes can benefit from outsourced bookkeeping services
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Read About - New Schedule K-2 and K-3 Forms: Are You Ready?February 14, 2022
Beginning in tax year 2021, partnerships, S corporations, and US persons who were partners in foreign partnerships or entities electing to be taxed as partnerships will be required to submit the new Schedule K-2 and K-3 with their returns if they have items of "international tax relevance." The new schedules…
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Read About - Can You Save Taxes by Moving from California?February 14, 2022
California is known for having some of the highest taxes in the country for both individuals and businesses
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Read About - Governor Signs Two Major BillsFebruary 9, 2022
The Governor today signed SB 113, which expands the passthrough entity elective tax benefits by: Repealing the tentative minimum tax limitation on the Passthrough Entity Elective Tax Credit; Allowing partnerships/S corporations/LLCs with owners that are partnerships to make the election (although the tax can’t be paid on behalf of the…
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Read About - WEBINAR | Update on the State of the EconomyFebruary 8, 2022
https://windes.wistia.com/medias/4g3814xpni?embedType=async&videoFoam=true&videoWidth=640
In this informative webinar, Professor Christopher Schwarz from UC Irvine presents his economic and financial market forecasts for 2022
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Read About - Passthrough Entity Elective Tax Fix and Other Economic Relief On Its Way?February 3, 2022
The long-awaited fix to AB 150’s passthrough entity elective tax has been introduced in the California Legislature
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Read About - How LLCs Can be Recognized as Tax-Exempt OrganizationsJanuary 31, 2022
On October 21, 2021, the IRS released an advance version of Notice 2021-56 that sets forth standards that a limited liability company (LLC) must satisfy to receive a determination letter recognizing it as tax-exempt under section 501(a) and described in section 501(c)(3)
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Read About - Reforming Distribution Requirements for Donor Advised Funds and Private FoundationsJanuary 31, 2022
In the summer of 2021, The Accelerating Charitable Efforts (ACE) Act was introduced in the US Senate
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