Expanded Eligibility for the Employee Retention Credit
Under the Act, employers can receive a maximum credit of $14,000 per employee for the first two quarters of 2021.
Safeguarding Plan Assets with Internal Controls
Minimize opportunities for errors or fraud and discover small issues before they become big problems in your employee benefit plan with an effective system of internal control.
Tax Filing Season Statistics Announced
The Department of the Treasury issued $317,692,000,000 in tax refunds during the first 10.5 months of 2020, with the average refund totaling $2,535. Schreiber Accounting and Advisory can help you get your maximum tax refund possible with comprehensive tax compliance and tax planning services.
IRS Employee Plan Compliance Resolution System (EPCRS)
If you make mistakes in your retirement plan, you can use the EPCRS to fix the mistakes and avoid the consequences of your plan being disqualified.
There are three ways to correct mistakes under EPCRS:
2021 Plan Sponsor’s Desk Reference Now Available
Does your company sponsor a 401(k) or 403(b) retirement plan? The 2021 Plan Sponsor's Desk Reference is full of information relevant to HR, accounting, and finance professionals responsible for administering these plans.