Found an interesting article the other day on the “Top 10 Payroll Mistakes Companies Make“. The article begins by stating that the IRS is attempting to close the tax gap. In order to discover the most common areas of employer non-compliance, the IRS launched the Employment Tax Research Project (ETRP) in 2010. Such areas include;…
Want to learn more about how you and your employees can receive a tax benefit on their individually owned health care plans? Join us at our HCPR Plan (Health Care Premium Reimbursement Plan, aka Defined Contribution) Workshop tomorrow, January 31st, from 12:00pm-1:15pm. We will be at VaBene Italian Cuisine; 4647 E. Chandler Blvd. #1 Phoenix,…
“The Internal Revenue Code provides for dollar limitations on benefits and contributions under qualified retirement plans. Code ยง415 requires the limits to be adjusted annually for cost-of-living increases. The IRS announced on October 20, 2011 cost-of-living adjustments applicable to dollar limitations for pension plans and other items for tax
year 2012.”
