From the latest news and updates to more in-depth information, we keep our finger on the pulse of what benefits you most.
Who can sponsor a 457 savings plan? What are the different types of 457 plans and what advantages do each provide as compared to a tradition 401(k) type savings plan?
Why would anyone ever choose to make a separate contribution to a Limited-Purpose Flexible Spending Account (FSA) that only covers dental and vision expenses when you already have an HSA for those expenses?
Unrelated Business Taxable Income (UBTI) generally means any gross income gained from any unrelated business regularly conducted by an exempt organization. Whether the income is UBTI depends on the type of tax-exempt organization that produces the income.
With February upon us, most Americans have forgotten or discarded their New Year’s resolutions, but there is still one thing Americans can look forward to, tax refunds! Unfortunately, getting a refund requires collecting, sorting, and verifying all the tax documents needed to correctly file a tax return.
The main idea behind a cafeteria plan is to provide a tax advantage to a business’s rank-and-file employees, as opposed to their key employees or executives. One particular group to consider in the administration of a cafeteria plan, then, is a business’s owner or group of owners.
The IRS has released Retirement Plan Limits for the 2016 plan year. There were no cost of living adjustments made, so the limits will remain the same as they were during 2015. Below is a summary of the retirement limits for your reference throughout the coming year.
On December 18th, 2015 Congress passed a $1.1 trillion spending bill to fund government operations and avoid shutdown. Included in the bill is a two-year delay to the "Cadillac Tax" provision of the Patient Protection and Affordable Care Act.
On December 16, 2015 the IRS, in conjunction with the Departments of Labor and Health and Human Services released Notice 2015-87 for publication on December 28, 2015.
On December 18, 2015 President Obama signed a bill containing a provision which permanently increases transit benefit limits to retroactively set them at the same level as qualified parking limits starting January 1, 2015.
