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  • Outgrowing 401(k) Matching? April 2, 2019 Have you outgrown the need for matching 401(k) contributions? From time to time, it can be helpful to question the way you’ve been administrating your retirement plan. For example, many plan ...
  • Shift of responsibility on 401(k) breaches April 2, 2019 First Circuit shifts burden of defending a fiduciary 401(k) breach claim A recent ruling could set the stage for a definitive U.S. Supreme Court opinion regarding retirement plan fiduciaries’ liability on ...
  • Proposed IRS regs for hardship 401(k) withdrawals April 2, 2019 How hard should a hardship be to justify a hardship withdrawal from a 401(k) plan? There are more rules than you might think. However, proposed IRS regulations could, according to ...
  • Section 965 Transition Tax Forms and Instructions March 26, 2019 In late January, the IRS issued a series of forms and instructions regarding the Internal Revenue Code Section 965 transition tax provision, which was added by the Tax Cuts and ...
  • IRS determines correct functional currency to calculate foreign currency exchange gain or loss March 26, 2019 In a Technical Advice Memorandum (TAM) issued in February, the IRS determined which of two currencies was the correct functional currency to calculate any foreign currency exchange gain or loss ...
  • Tax Court Thwarts Use of Rule 155 to Raise New Issues March 26, 2019 In Vento et al., a case decided in February, the U.S. Tax Court has held that the taxpayers involved couldn’t use Tax Court Rule 155 to raise new issues in ...
  • XBRL Benefits Companies, Large and Small March 12, 2019 How XBRL Benefits Companies, Large and Small Investors and accounting professionals have warned the Securities and Exchange Commission (SEC) against exempting small companies from the requirement to add interactive data to ...
  • Best Practices for Audit Committees March 12, 2019 Best Practices for Audit Committees in 2019 In January 2019, the board of the International Organization of Securities Commissions (IOSCO) published a report intended to promote audit quality. It outlines best ...
  • Using AI in Finance March 12, 2019 Is your finance team using AI? Only 11% of executives are making use of artificial intelligence (AI) and over one-third of companies spend more time collecting data than analyzing it. These ...
  • 401(k) Compliance Alert April 2019 March 2, 2019 COMPLIANCE ALERT Upcoming compliance deadlines: 4/1       Initial required minimum distribution for participants who attained age 70½ in 2018 (applies to qualified plans where the participant is at least a 5% owner and ...