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.
Early bird tips: Answering your tax season questions
January 21, 2025
It’s common to wait until the last minute to file your federal tax return. But are there reasons to file early? Here’s the answer to that and other tax-filing questions.
The standard business mileage rate increased in 2025
January 20, 2025
The price of gas is slightly higher than it was a year ago. How does this affect the amount you can deduct for business driving in 2025? Here’s the latest on the cents-per-mile rate for this year.
Enhance financial reporting by forging a partnership between internal and external auditors
January 17, 2025
Attention, internal auditors: Let’s make a New Year’s resolution to work together more effectively in 2025.
Many employers struggle to wield compensation as a retention tool
January 16, 2025
As an employer, you have a compensation philosophy and program, whether formally designed or gradually developed. It may be time to reevaluate them to improve employee retention.
Important 2025 amounts for employer-sponsored retirement plans
January 14, 2025
Employers: Your organization probably sponsors a qualified retirement plan for employees. If so, be sure to read up on the many inflation-based adjustments that will affect contribution limits and other amounts in 2025. Here are some highlights.
