Employee Benefit Audits Archives

Recent DOL and IRS Guidance for Employers and Plan Sponsors

As 2024 rapidly approaches bringing changes to employers’ filing obligations, it’s crucial to make sure your organization is prepared for these new requirements. Keep…

On-Demand Webinar: Why Manufacturers Can’t Ignore Project Accounting

For manufacturers who are engineer-to-order, equipment-based, or those making complex products in a project environment, having the ability to effectively develop results around the…

Correcting Errors in 401(k) Plan Employee Deferral Elections

How to Correct a Frequent Error: Not Withholding the Proper Amount of 401(k) Deferrals Administering a 401(k) plan can be complicated and challenging, creating…

Cycle 3 Restatement Changes to be Aware of as an Employer

Every six years, plan sponsors are required by the IRS to update their plan documents for legislative changes that occurred over the previous six…

On-Demand Webinar: Changes for 2022 Filing Season & Tips for a Smooth Audit Process

Download the checklist…

What You Need to Know about the Illinois Equal Pay Act

If you’re a private employer with 100 or more employees, it’s important you understand what the State of Illinois now requires of your company. …

SECURE Act Impacts Long-Term Part-Time Employees

The SECURE Act, enacted on December 20, 2019, includes a provision that expands eligibility to certain “long-term part-time” employees. Section 112 of the SECURE…

Year-end Planning and Beyond: Payroll, HCM and Benefits Series Recordings

Year-end payroll considerations In this one-hour webinar, our payroll experts discuss important considerations for 2022, including: Noteworthy IRS updates Form 941/941-X changes and updates…

Affordable Care Act Updates For Employers – Extension for Providing Employee Forms

Applicable large employers (ALE), or employers with more than 50 full-time equivalent employees in the prior year, must file Forms 1095-C and 1094-C on…

Affordable Care Act Updates For Employers

The Affordable Care Act (ACA) doesn’t appear to be going anywhere. Applicable large employers (ALE) with more than 50 full-time equivalent employees in the…

Brent DeMay Quoted in PLANSPONSOR

Brent DeMay was quoted in a PLANSPONSOR article about retirement plan sponsors and their new audit requirements. Brent, CPA, is a partner on Sikich’s…

Employee Benefit Plans: Protecting Yourself (and Not Just Plan Assets)

It is the responsibility of both the Department of Labor (DOL) and the Internal Revenue Service (IRS) to make sure a participant’s account balance…

Retirement Plan Changes: What You Need to Know Webinar Recording

Watch the webinar here:…

M&A in Payroll and Benefits Webinar Recording

While there are many considerations businesses must review prior to closing a deal, some that should be at the top of the list are…

Cybersecurity guidance for plan sponsors and participants released by the DOL

On April 14, the Department of Labor’s (DOL) Employee Benefits Security Administration released its first official cybersecurity guidance. This guidance, which includes best practices…

Implementing SAS 136: Assessing if a Section 103(a)(3)(c) Audit is Permissible

As plan sponsors and their auditors implement SAS 136, Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA,…

Coming Soon to your Employee Benefit Plans: Changes to Your Auditor’s Report and Expanded Responsibilities for both Auditors and Management

Introduction The American Institute of Certified Public Accountants (‘AICPA’) has issued Statement on Auditing Standards (‘SAS’) 136, Forming an Opinion and Reporting on Financial…

Employee Benefit Audits

Recent DOL and IRS Guidance for Employers and Plan Sponsors

On-Demand Webinar: Why Manufacturers Can’t Ignore Project Accounting

Correcting Errors in 401(k) Plan Employee Deferral Elections

Cycle 3 Restatement Changes to be Aware of as an Employer

On-Demand Webinar: Changes for 2022 Filing Season & Tips for a Smooth Audit Process

What You Need to Know about the Illinois Equal Pay Act

SECURE Act Impacts Long-Term Part-Time Employees

Year-end Planning and Beyond: Payroll, HCM and Benefits Series Recordings

Affordable Care Act Updates For Employers – Extension for Providing Employee Forms

Affordable Care Act Updates For Employers

Brent DeMay Quoted in PLANSPONSOR

Employee Benefit Plans: Protecting Yourself (and Not Just Plan Assets)

Retirement Plan Changes: What You Need to Know Webinar Recording

M&A in Payroll and Benefits Webinar Recording

Cybersecurity guidance for plan sponsors and participants released by the DOL

Implementing SAS 136: Assessing if a Section 103(a)(3)(c) Audit is Permissible

Coming Soon to your Employee Benefit Plans: Changes to Your Auditor’s Report and Expanded Responsibilities for both Auditors and Management

IRS Provides Relief for Temporary COVID-related Workforce Reductions

The IRS Restores Form 1099-NEC for 2020 Year-end Reporting

Compensation Definition In 401(K) Plans