Benefits April 6, 2026
Social Security Issues Serious Scam Warning to Retirees
The Social Security Administration issued an alert about imposter scam emails—emails that falsely claim to provide access to a Social Security recipient's statement.
August 29, 2016
Mandatory Retirement at CPA Firms – Is It Right or Wrong?
In recent years, the EEOC has investigated PwC and Deloitte. In the case of Deloitte, the EEOC demanded that the firm eliminate its mandatory retirement age requirement and offer compensation and reinstatement to retired partners. Deloitte appealed.
August 17, 2016
Is Retirement By 65 An Unrealistic Goal For Gen Xers and Millennials?
People age 35-plus don't think they will be able to retire when they hit the traditional retirement age. While 87 percent of those surveyed who are working full time say they want to retire someday with nearly 70 percent of those hoping to retire ...
August 16, 2016
Education Fringe Benefits Get an A+
If some of your employees are looking to go back to school, or to enroll in college courses for the first time, you might decide to lend a helping hand. An employer can set up a program that effectively pays for all or most of the costs on a ...
August 16, 2016
Dependent Care Assistance Plans: A Fringe Benefit With Tax Benefits
To help ease the burden of hard-working parents, employers may institute a dependent care assistance plan for employees. Under such a plan, payments made to third parties like babysitters and day care centers are excluded from income if the costs ...
August 8, 2016
How to Lower the Cost of Surety Bonds
Personal credit score says a lot to a surety about how you manage your finances and how reliable and financially stable you are. A surety will strongly base their decision about what rate to offer you on this information. To improve your credit score, ...
August 4, 2016
2016 Fringe Benefits Tax Series #16: Moving Expense Reimbursements
Generally, the tax exclusion applies to reimbursements covering costs that would have been deductible as job-related moving expenses paid or incurred by employees on their personal tax returns. And those requirements are somewhat convoluted.
August 3, 2016
2016 Fringe Benefits Tax Series #15: Tax-Free Commuting Expenses
For employees who live a fair distance from work, commuting can be costly and time-consuming, not to mention a hassle. At least employers may provide some relief by offering certain tax-free transportation benefits. The three main benefits are ...
August 2, 2016
3 Tips To Better Manage Your 401(k)
Despite the 401(k)’s importance, the average participant’s only investment strategy is to plow money into the accounts – then do nothing. They rarely if ever make changes to the investment selections their plans offer.
July 31, 2016
2016 Fringe Benefits Tax Series #14: Retirement Planning Services
A provision for retirement planning services was added to the tax code back in 2001. As long as certain requirements are met, these benefits of such a program, which are usually reasonable in cost, are tax-free to employees and deductible by the ...
July 29, 2016
ACA Update: ObamaCare Issues to Watch in 2016
The ACA has significantly changed the health insurance industry and yet, popularity of the law is still split. According to a recent Kaiser Family Foundation tracking poll, 43 percent approve of the law while 41 percent oppose it.
July 27, 2016
Don’t Let Scope Creep Lead You Out Of Bounds
Almost every sport uses a defined boundary. The playing area, whether it is a football field, basketball court, or baseball diamond, is clearly defined and understood by all athletes who play the game. It is pretty easy to ascertain whether you are ...
July 25, 2016
2016 Fringe Benefits Tax Series #13: Lodging for Business Purposes
Generally, the IRS says that the value of lodging furnished to an employee may be excluded from taxable wages only if it meets the following three conditions. (Different tests may apply to lodging furnished by educational institutions.)