Internal Controls Cerini Short In this Cerini Short, Nicholle Mezier, CPA, Manager explains Internal Controls. WHAT ARE INTERNAL CONTROLS? WHY DO WE NEED THEM? Internal controls are one of the most essential elements within any organization. Internal controls are put...
Taxable vs Non-Taxable Benefits
As it becomes harder to attract and retain talent and also to help deal with soaring inflation, many employers are looking for ways to provide employees with tax-free benefits in order to entice employees to join or stay and help mitigate the impact of the rising costs. However, both employers and employees need to be aware that even despite their best intentions, many benefits or incentives can be considered taxable income – which from the employer side would require both withholding and reporting and would be includable in income for employees.
Taxable vs Nontaxable Benefits – Cerini Short
Giving Your Retirement Plan a “PEP” Talk
Concerns in a Down Economy
Pension Planner – From the Editor
Guest Article: Retiree Health Insurance Follow Up
You May Need to Establish a Pension Plan for Your Staff
Guest Article: Retiree Health Insurance Options
There’s No Time to Wait: Plan Sponsors must Update Cybersecurity Practices Now
Is it too Soon for Crypto to Come to the 401(K)?
Internal Controls: The 5 Components
Aug 12, 2022
What are internal controls? Why do we need them?
Internal controls are one of the most essential elements within any organization. Internal controls are put in place to enable organizations to achieve their goals and missions.
Taxable vs Non-Taxable Benefits
Aug 3, 2022
As it becomes harder to attract and retain talent and also to help deal with soaring inflation, many employers are looking for ways to provide employees with tax-free benefits in order to entice employees to join or stay and help mitigate the impact of the rising costs. However, both employers and employees need to be aware that even despite their best intentions, many benefits or incentives can be considered taxable income – which from the employer side would require both withholding and reporting and would be includable in income for employees.
Taxable vs Nontaxable Benefits – Cerini Short
Jul 21, 2022
Taxable vs Nontaxable Benefits Cerini Short In this Cerini Short, Edward McWilliams, CPA, Partner talks about the Taxable vs Nontaxable Benefits. As it becomes harder to attract and retain talent and also to help deal with soaring inflation, many employers are looking...
Giving Your Retirement Plan a “PEP” Talk
Jun 10, 2022
Every time you turn around there seems to be additional risk and exposure surrounding pension plans … employees suing plan sponsors, worries about asset allocations and administrative fees, definitions of compensation, changing and confusing regulations, and more....
Concerns in a Down Economy
Jun 10, 2022
In a nutshell, the goal of a pension plan is to help your employees put aside money for their retirement. This can be done strictly on an employee deferment system, or you, as their employer can make contributions to help them reach their retirement goals. The problem...
Pension Planner – From the Editor
Jun 10, 2022
Quite often, we are provided with information about updates and regulatory changes for retirement plans. These updates are geared to benefit current and future retirement plan participants by improving accessibility for future financial security of individuals,...
Guest Article: Retiree Health Insurance Follow Up
Apr 18, 2022
The 25th issue of the Lesson Plan featured an article on how school districts can save money by having the retirees subscribe to a different health insurance product. According to the Bureau of Labor Statistics (BLS), employees in the age categories 55 to 64 and age...
You May Need to Establish a Pension Plan for Your Staff
Feb 1, 2022
New regulations at both the NY City and NY State levels may now require employers, including physician practices, to establish a pension plan for the benefit of their employees. Summary – NY City Regulations On May 11, 2021, New York City Mayor De Blasio signed into...