Under federal law, employee benefit plans including 401(k) plans, 403(b) plans, profit sharing plans, defined benefit plans and others must be audited annually if they have 100 or more eligible participants. Our firm offers the professional expertise in employee benefit plan audits required to ensure that your business remains in good standing, even as the Department of Justice intensifies its review and scrutiny of employee benefit plan audits.
The choice you make when choosing a certified public accounting firm for employee benefit plan auditing is critical. The scope of these engagements is unique and is becoming increasingly complex due to more stringent accounting and reporting requirements. This means that you need a team of professionals who are intimately familiar with the specifics of employee benefit plan audits. Look no further than our firm to be trusted advisors for this service and so much more.
Contact us today to discuss they types of employee benefit plans you offer, and we’ll create a customized audit plan tailored to your business.
BOSS is the answer to your back office headaches. Our cloud-based solution enables you to hand complex accounting tasks over to us. We work the numbers while providing you 24/7 access to your data—and all at a fixed, affordable monthly fee.
What do accountants do with themselves after tax season? Actually, the same thing they do during busy season: They work hard for their clients. The only difference is that instead of cranking out tax returns, they help clients work through other aspects of their financial health—including issues revealed during the yearly tax return process.
Spend it? Save it? Invest it? Share it? Here are a few ideas for putting your tax refund to work for you:
Most professions have their own lingo, and accounting is no different. What is different is that you have a vested interest in understanding what your accountant tells you about your financial situation. So, here’s a quick primer on common accounting terms—some business-related, some general—to keep you in the know: