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 ›
Due to increased demand for outsourced accounting services, (for non-audit/attest clients), we’ve expanded our accounting services department. Services include Bookkeeping, Monthly, Quarterly, and Annual Reporting, Audit Preparation, Software Conversion, and other special projects to meet client needs. Further information at Client Service Accounting. Contact Julie Tucek at jtucek@legacycpas.com to discuss.
The IRS has highlighted four temporary tax changes which are a part of the Coronavirus Aid, Relief and Economic Security Act (CARES Act). These tax changes have been designed to help individuals and businesses who give to charity before the end of this year.
Individuals Who Don’t Itemize Individuals who elect to take the standard deduction generally ... Read More ›