Legacy Managing Partner Tim Cibulka and Partners Bruce Pavlik, Eileen Brassil, Greg Wallenbecker, and Eric Wallin represented Legacy at the 2018 International Foundation of Employee Benefit Plans 64th Annual Employee Benefits Conference in New Orleans, LA from October 14-17. Bruce, Eileen, and Eric all spoke and/or moderated sessions at the Annual Conference.
Eileen Brassil: P-ACCT2 … Read More ›
The Tax Cuts and Jobs Act (TCJA) created a new grouping rule called Siloing (separate trades or businesses) for tax-exempt organizations with multiple unrelated business activities. Prior to the new law, organizations could net income and losses from all unrelated business activities when determining their taxable income. Effective for tax years beginning after 12/31/17, … Read More ›
Trustees of employee benefit funds have a fiduciary responsibility to collect all contributions due to the fund. Trustees failing to carry out this fiduciary responsibility can be held personally liable under the Employee Retirement Income Security Act of 1974 (ERISA) and ordered to make good on all losses to a plan.
Payroll … Read More ›