DOL rolls out new self-correction tool for employer-sponsored retirement plans
January 27, 2025
For employers that sponsor qualified retirement plans, the federal Voluntary Fiduciary Correction Program has long been a viable way to fix plan errors. Recently, the agency that runs the program announced an exciting new development.
Fraud risk assessment: What auditors watch for
January 10, 2025
Why do external auditors ask so many probing questions about fraud? They’re not just nosy. It’s a critical part of the audit process.
Saving for college: Tax breaks and strategies your family should know
January 7, 2025
There are some tax-savvy ways to build education savings and pay for college. Here’s how to help maximize education funds and minimize financial stress.
How Section 1231 gains and losses affect business asset sales
January 6, 2025
Achieving the best tax treatment for Sec. 1231 gains and losses can be a challenge. Here’s how to help plan the timing of gains and losses for optimal tax results.
Maximize your 401(k) in 2025: Smart strategies for a secure retirement
January 2, 2025
In the new year, you may want to contribute new amounts to your employer’s 401(k) plan or Roth 401(k). Here are the contribution limits for 2025.
Adoption tax credits: Easing the financial journey of parenthood
December 18, 2024
Adopting a child? You know there can be many steep expenses. Fortunately, there may be valuable tax breaks for parents. Here are the relevant amounts for 2024 and 2025.
