ERISA Update—Past, Present and Future. Here, we outline four themes that plan sponsors should be keeping a close eye on in 2022.
Plan Sponsor Alert: Hardship Distribution Amendment Deadline Is Fast Approaching
With the Dec. 31 deadline approaching, plan sponsors should act quickly to examine whether these changes were made to their plans.
2021 Year-End Tax Planning for Businesses
As 2021 heads to a close, tax increases are still expected, but the timing and content of final changes are still not certain.
2021 Year-End Tax Planning for Individuals
As we approach year end, now is the time for individuals, business owners, and family offices to review their 2021 and 2022 tax situations and identify opportunities for reducing, deferring, or accelerating tax obligations. Areas potentially impacted by proposed tax legislation still in play should be reviewed, as well as applicable opportunities and relief granted under legislation enacted during the past year.
Harris CPAs Announces a Merger with Two Firms in the Twin Falls Region
Harris CPAs has announced a merger with Deagle Ames, LLC and Ataraxis Accounting and Advisory, Chtd of Twin Falls, Idaho effective October 16, 2021. The mergers add a total of 22 professionals to the Harris CPAs team, and a new office location in Twin Falls.
The Employee Retention Credit Offers Significant Benefits for the Construction Industry
In a labor-heavy field, the Employee Retention Credit (ERC) could offer significant benefits for many employers across the construction industry.
Federal Tax Credits Can Provide Tax and Cash Savings
Taxpayers that are looking for ways to reduce their tax bill and boost their bottom line may still be able to take advantage of federal tax credits or incentive programs in 2021. In some cases, taxpayers also may still be able to claim benefits for prior
years.
Summer 2021 Nonprofit Standard Newsletter
Stay abreast of the continuing impacts the coronavirus is having on the nonprofit industry and ways to adapt to all the changes, as well as to catch up on key trends in the nonprofit industry!
Missing Participants: What Plan Sponsors Need to Know About the DOL’s Latest Guidance
While the DOL’s latest guidance on missing participants doesn’t have the force and effect of the law, plan sponsors should carefully review this guidance and adjust their processes and procedures as necessary ahead of any potential missing participant investigations.
The Tax Implications of Paycheck Protection Program Loan Forgiveness
Now that the dust has settled on the three rounds of PPP loan funding, it important to consider the tax implications of these loans and the forgiveness thereof.