The IRS has delayed the new Roth catch-up contribution rule for high earners until 2026. This change provides a strategic window for retirement planning, especially as fewer than 20 percent of eligible employees still don’t utilize catch-up contributions.
As a government contractor, it is vital to possess a comprehensive understanding of the regulations governing 401(k) plans and the intricacies of nondiscrimination testing. While these retirement savings plans are commonly offered by employers, it is imperative to meet specific requirements to maintain their tax-deferred status.
IRS releases inflation adjustments for 2024. Inflation adjustments impact individual tax brackets and other various provisions of the Code.
Following a pause on new Employee Retention Credit claims in September, the IRS is giving businesses an option to withdraw ERC claims if there is concern about the claim’s inaccuracy.
The finance function has grown increasingly complicated, and in today's uncertain and competitive environment, your organization can't afford to fall behind.
Cost-of-living adjustments to retirement plan limits for 2024 have been issued by the IRS in Notice 2023-75.
PBMares shares the “Greatest of All Time” top 10 list of Internal Revenue Code Sections – all of which are still in effect.
For a comprehensive checklist of relevant issues to take into consideration when planning for charitable giving, download our guide: Issues to Consider When Establishing Your Charitable Giving Strategy.
The Office of Management and Budget (OMB) has proposed changes to Uniform Guidance that will affect government contractors.
Considerations for boards of directors in guiding their organization through uncertainty and risks.
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