General

ERISA Record Retention: What Every Plan Sponsor Needs to Know

ERISA Record Retention: What Every Plan Sponsor Needs to Know

Maintaining accurate and complete records for ERISA-covered benefit plans is not just good business practice; it’s a critical responsibility for plan sponsors. Missing documentation can create significant liabilities. For example, if a former employee, or even their...

Breaking Down the One Big Beautiful Bill Act: What It Means for You

Breaking Down the One Big Beautiful Bill Act: What It Means for You

On July 4, 2025, the One Big Beautiful Bill Act (OBBB) was signed into law. This sweeping piece of legislation makes many of the 2017 Tax Cuts and Jobs Act (TCJA) provisions permanent, while introducing new deductions and tax relief measures for businesses,...

Tariffs and the Restaurant Industry in 2025: Navigating the Impact

Tariffs and the Restaurant Industry in 2025: Navigating the Impact

As global trade dynamics continue to evolve, the restaurant industry in 2025 finds itself at the intersection of economic uncertainty and operational adaptation. Tariffs—government-imposed taxes on imported goods—are reshaping the way restaurants source ingredients,...

Beneficial Ownership Reporting

Beneficial Ownership Reporting

Beginning January 1, 2024, millions of entities registered to do business within the US will become subject to the new Beneficial Ownership Information (BOI) reporting requirements. The Financial Crimes Enforcement Network (FinCEN) has been tasked with developing this...

New Year: New Employee Benefit Plan Updates

New Year: New Employee Benefit Plan Updates

As we enter into the new year and a new administration in Washington, D.C., there are significant updates to employee benefit plans that take effect in 2025, driven by existing legislation such as the Employee Retirement Income Security Act of 1974 (ERISA) and the...

FinCEN BOI Update

FinCEN BOI Update

In 2021, Congress passed the Corporate Transparency Act (CTA) with the goal of combating money-laundering, financing of terrorist activities, and tax evasion. The CTA requires that business entities, including corporations, limited liability companies, entities...

Tips on How Your Retail Organization Can Reduce Holiday Theft and Loss

Tips on How Your Retail Organization Can Reduce Holiday Theft and Loss

The Holiday shopping season is here, and retailers will soon be navigating the annual Black Friday and Cyber Monday events. Stores will welcome thousands of visitors, most of which will be there to legitimately shop. However, there will most likely be a few bad actors...