Do you sponsor a tax-qualified retirement plan that was pre-approved by the IRS? If so, pre-approved documents take one of two forms.
- One is a prototype plan that uses a checklist-type Adoption Agreement and is...more
The Internal Revenue Service recently published final regulations under Section 83 of the tax code.
These regulations deal with the timing for taxation for grants of property (e.g., stock) that are subject to...more
This week, the U.S. Supreme Court confirmed that severance pay is subject to FICA tax.
There had been uncertainty about whether FICA taxes were due on severance payments following disparate circuit court rulings in...more
You may have heard of them, but may not fully appreciate or understand how an Employee Stock Ownership Plan or “ESOP” could help you meet your business planning goals.
An ESOP is something to consider if you are...more
Year-End Amendments -
The month of December is a bit different in 2013. Typically, we mark this time scrambling to amend 401(k), profit sharing, and money purchase plans in order to maintain their tax-qualified status....more