Dave Zabrecky represented Legacy at the Illinois AFL-CIO Financial Reporting Seminars on the topic of IRS Reports. The seminar also featured speakers from the US Department of Labor (DOL), and the OLMS. The seminar was held on March 12, 2024 in Springfield, IL and March 15, 2024 in Burr Ridge, IL.
The U.S. Department of Labor’s (DOL’s) test for determining whether a worker should be classified as an independent contractor or an employee for purposes of the federal Fair Labor Standards Act (FLSA) has been revised several times over the past decade. Now, the DOL is implementing a new final rule rescinding the employer-friendly test that ... Read More ›
Some provisions of 2022’s SECURE Act 2.0 (a follow-up to the SECURE Act of 2019) have been in force for over a year — including several that affect 403(b) retirement plans. If your not-for-profit offers staffers a 403(b) plan, you likely made some minor changes in 2023 and may have made more significant ones on January 1, ... Read More ›