What tax preparers and their firms can do to plan for more manageable and less stressful…
Category: Uncategorized
Learn how one accounting and advisory firm built its business around a single niche market
Focusing on a specific niche rather than trying to accommodate the needs of every business could…
Can We Use a Single Prohibited Group Definition for All of the Nondiscrimination Tests That Apply to Our Cafeteria Plan, Health FSA, and DCAP?
QUESTION: Can we use a single definition to determine the prohibited group when conducting the nondiscrimination tests…
IRS Suspends Issuance of Delinquent Filing Notices for Form 5500 and Certain Other Returns
The IRS has announced that, due to COVID-19-related backlogs, it is suspending the issuance of certain…
Unauthorized Disclosures of PHI Lead to HIPAA Civil Monetary Penalty and Settlement Agreement
Dr. U. Phillip Igbinadolor, D.M.D. & Associates, P.A. (UPI) HIPAA Enforcement Action; Northcutt Dental-Fairhope, LLC (Northcutt…
HHS Reports to Congress on HIPAA Compliance and Breach Notifications
Annual Report to Congress on HIPAA Privacy, Security, and Breach Notification Rule Compliance for Calendar Year…
Can Employers Pay Wages in Cryptocurrency?
New York City Mayor Eric Adams clarified receiving wages in cryptocurrency in January 2022 in a…
Qualified Parking Compensation Reductions Unused Due to COVID-19 Cannot Be Transferred to Health FSA
The IRS has released an information letter responding to an inquiry from a qualified transportation plan…
Advising clients to file Form 941-X for missed COVID-19 relief credits.
Looking back at the last two years and the sprinter’s pace at which COVID-19 payroll tax…
Are There Any Substantiation Requirements for Transit Passes Distributed by a Qualified Transportation Plan?
QUESTION: Our company’s qualified transportation plan allows employees to purchase transit passes with pre-tax compensation. Passes are…