Unexpected Retirement Plan Disqualification Can Trigger Serious Tax Problems
It is not unusual for the IRS to conduct audits of qualified employee benefit plans, including 401(k)s. Plan sponsors are expected to stay...
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KPM is a highly experienced firm of CPAs and advisors that has served clients throughout Southwest Missouri for decades. As you may know, the accounting industry is always evolving amid complex rules and regulations. As a result, our firm publishes timely updates on a variety of accounting topics to help keep you informed.
It is not unusual for the IRS to conduct audits of qualified employee benefit plans, including 401(k)s. Plan sponsors are expected to stay...
For more than 20 years, Section 1202 of the tax code has offered benefits to investors in certain small companies. Generally, non-corporate investors...
Long-term projects usually require a different approach to recognizing revenues called the 'percentage-of-completion' method. It is used by homebuilders, developers, creative agencies, engineering...
Many people collect 'orphan' 401(k) plan balances as they move from job to job. Why should employers care? Helping new employees roll over...
Now that the April 18 income tax filing deadline has passed, it may be tempting to set aside any thought of taxes until...
In 2009, Congress replaced the Hope Scholarship Tax Credit (Hope) with the American Opportunity Tax Credit (AOTC). Compared to the Hope credit, the...
For years, many private businesses have complained that the FASB catered to large, public companies. In 2012, the Private Company Council (established by...
Without a good pay and benefits structure, you cannot attract and retain the best employees. However, devising a compensation strategy is tougher than...