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Key Takeaways from EBSA’s 2023 Report on Employee Benefit Plan Audits
In November of 2023, the US Department of Labor’s Employee Benefits Security Administration (EBSA) released a report, Audit Quality Study, which is an evaluation of the audit work carried out by independent public accountants on employee benefit plans that are...
Understanding the Impact of Workforce Reductions on 401(k) Plans
Employee turnover often triggers a wave of issues for a company and its human resources department. Even 401(k) retirement plans — one of the most sought-after employee benefits — can be impacted when a substantial number of employees are involuntarily terminated....
Navigating the Tax Implications of Opening or Expanding Your Retail Business
Opening or expanding a retail business can be an exciting endeavor filled with opportunities for growth and success. However, amidst the hustle of launching new products, attracting customers, and managing operations, it’s...
Healthcare Security in 2024: The Cyberthreat Landscape
Healthcare providers are increasingly in the crosshairs of potentially catastrophic ransomware attacks and data breaches. Locked out from critical files and information, cybercriminals hold the organization hostage while demanding a payment in exchange for a...
Don’t Fall Victim to an IRS Scam!
While many types of scams occur throughout the year, we generally see a spike in IRS scams during the primary filing season of January through April. IRS scams typically occur when an impostor pretending to work for the IRS contacts an individual by phone, e-mail, or...
Business Start-Up Resource Guide
Are you ready to embark on the exciting journey of starting your own business? Before diving into the process of setting up a legal entity, obtaining business licenses, signing leases, and securing loans, it's crucial to conduct a thorough self-assessment. Consider...
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