Legacy Professionals News
Recent Updates
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Legacy Partners Eileen Brassil, Eric Baertsch, Eric Wallin, Michael Tiberi, Edison Uschold, and Greg Wallenbecker attended the International Foundation of Employee Benefit Plans (IFEBP) U.S.
- Employee Benefit Plan News, Out and About
Even though tax filing season is still several months away, the decisions you make before January 1, 2027, could have a significant impact on your
- Individual Tax Alerts
As 2026 draws to a close, your employer’s 401(k) plan may offer an opportunity to reduce your current income taxes while building your retirement savings
- Individual Tax Alerts
Donor restrictions can limit how contributions may be used (such as to fund a program) or when they may be used. Those terms can help
- News
Dissolving a marriage involves numerous financial and nonfinancial decisions, and tax considerations can easily fall by the wayside. But decisions made before your divorce is
- Individual Tax Alerts
Strong portfolio performance can bring an unwelcome surprise: an additional 3.8% federal tax. The income thresholds for the net investment income tax (NIIT) aren’t annually
- Individual Tax Alerts
President Trump recently signed the Doug LaMalfa Federal Disaster Tax Relief Certainty Act (LaMalfa Act) into law. Among other things, it extends tax relief for
- Individual Tax Alerts
A successful fundraising campaign can generate commitments that stretch well beyond the current year. Those pledges can help your nonprofit plan ahead. But when should
- Nonprofit Updates
Board minutes are more than an administrative formality. They provide the official record of how your nonprofit’s governing body exercised its authority — and may
- Nonprofit Updates
Legacy Payroll Compliance Audit Principals Jim Kemperas, Terry Truesdale, and John Kerulis attended the International Foundation of Employee Benefit Plans’ Annual Collection Procedures Institute Sept
- Employee Benefit Plan News, Out and About
A conflict of interest doesn’t necessarily indicate wrongdoing. But when nonprofit leaders fail to disclose and properly manage personal financial interests, even a well-intentioned decision
- Nonprofit Updates
Contributing as much as possible to tax-deferred retirement accounts such as traditional 401(k)s and IRAs is a common recommendation. Contributions generally are pretax or deductible,
- Individual Tax Alerts
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