Every year, we receive questions regarding whether a filing requirement exists for a client’s welfare benefit plan. Clients want to ensure that their plans remain ERISA compliant without taking on the burden of any unnecessary paperwork. Here are answers to some of the most frequently asked questions about employee welfare benefit plans. (more…)
Archive for December, 2012
Cash flow management is a struggle for many small businesses. Unlike revenue, cash flow isn’t easy to quantify or pin down. It’s up and down and moves around. But, most small businesses that fail do so because of a lack of cash flow… not revenue or profits. (more…)
Recently, Ohio eliminated the Ohio estate tax. The estates of individuals who die after January 1, 2013 will not be subject to the Ohio estate tax. (more…)
How do you plan for an uncertain future? Very carefully. That’s the advice that we’re giving to our clients as they to prepare for the tax law changes that are coming on January 1, 2013.
We can’t see into the future, but it looks like rates will go up, on lots of different types of income, in 2013. Unless changes happen, your rates will be significantly higher on January 1 than on December 31. What difference does a day make? Perhaps as much as a 29.4 percentage point jump in your taxes. (more…)
From ERISA fee disclosures to benefit limitation regulations, 2012 has been a year of regulations for retirement plans. If your company offers a retirement plan, you may feel like you’ve spent the whole year jumping through the hoops that regulators threw at you. Bad news, you might have one more hoop to hop. (more…)