Skip to Main Content
Legacy Professionals LLP
  • Practice Areas
    • Employee Benefit Plans
    • Labor Organizations
    • Not-For-Profit
    • Commercial
  • Services
    • Audit & Accounting
    • Client Accounting and Advisory Services
    • Tax
    • Payroll Compliance Audits
    • Additional Services
  • About Us
    • Our Team
    • Core Values
    • Legacy Brochures
    • Donna A. Hubert Memorial Scholarship Fund
    • DAH Scholarship 2025 Recipients
  • Careers
    • Opportunities
    • Advantages
    • Benefits
    • Staff Events
    • Recruiting
    • FAQs
    • Internships
  • Updates
    • Recent Updates
    • COVID-19
    • Annual Tax Releases
    • Financial Tools
  • Contact Us
To the top Close
  • Recent Updates
  • COVID-19
  • Annual Tax Releases
  • Financial Tools

Recent Updates

DOL Says It Will Not Enforce Form T-1; Rescission Expected

Mar 29 in Employee Benefit Plan News, Labor News, Tax Info
The Department of Labor’s Office of Labor-Management Standards (OLMS) has announced that it will publish notice of an intended rulemaking to propose rescission of the Form T-1 Trust Annual Report, established by a March 2020 final rule. As communicated previously, Form T-1 required annual reporting on financial information pertinent to “trusts in which ... Read More ›

Certain provisions of ARPA may be available to Labor Organizations and some Benefit Plans

Mar 15 in Employee Benefit Plan News, Labor News, Tax Info
On Thursday, March 11, 2021, the President signed into law the American Rescue Plan Act of 2021 (ARPA). ARPA is a $1.9 trillion stimulus bill that includes billions of dollars for small businesses and not-for-profit organizations. Title V, Sec 5001 amended the CARES Act in relation to the Paycheck Protection Program (PPP). This included creating a new category ... Read More ›

Lost or Missing Participants? The DOL Provides New Guidance

Jan 18 in Employee Benefit Plan News, Tax Info

As plan administrators know all too well, attempting to locate nonresponsive (lost or missing) participants is an ongoing and often challenging process. On January 12, 2021, the Department of Labor (DOL) issued guidance in relation to missing participants in three separate components: Field Assistance Bulletin (FAB) 2021-01, Compliance Assistance Release No. 2021-01, and a separate ... Read More ›

‹ Newer PostsOlder Posts ›

    Categories

    • Emerging Tax and Regulations Alert
    • Employee Benefit Plan News
    • Individual Tax Alerts
    • Labor News
    • Legacy Clients in the News
    • Legacy Firm News
    • News Flashes
    • Nonprofit Updates
    • Out and About
    • Press Releases
    • Tax Info
    • Year End Tax Releases

Follow us: @LegacyCPA

Get our newsletter – Timely news and updates that fit your needs. Sign up to start getting updates today.

Sign Up Here
  • Facebook
  • Twitter
  • LinkedIn
  • Practice Areas
  • Services
  • About Us
  • Careers
  • Updates
  • Office Locations
  • Contact Us
©2025 Legacy Professionals LLP
Privacy Policy • Sitemap • Client Portal Login