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The Looming Social Security Shortfall: Why Saving for Retirement is More Crucial Than Ever

Written by Drew Nicol, CPA Social Security has been a staple of financial security for millions of Americans since 1937 providing essential support during retirement, disability, and other life-altering circumstances.

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Employee Benefit Plan Audits: Common Deficiencies and Keys to Success

Written by Emily Riles, CPA After the tax and audit deadlines in April, many companies begin to prepare for their Employee Benefit Plan (EBP) Audit for their 401(k) plan, 403(b)

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Employer Benefit Compliance: Are You Covered?

  Written by Rebecca Tipton, SHRM-SCP BMSS HR Advisory Services Many people might not realize, but April 6th is National Employee Benefits Day, a day to celebrate and embrace the

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Understanding Excludable Fringe Benefits

By: Cooper Melvin J.D., Staff Accountant Recent news has brought a focus on employer-provided fringe benefits and the consequences to employees and businesses if accounting is improper. Compliance with accounting

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State Unemployment Insurance (SUI) Fraud

As some of you may know, there has been an uptick in fraudulent unemployment claims throughout the state. With the influx of cases arising from shutdowns during the pandemic, state

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“Phantom Stock” Awards: What Are They and Would They Benefit Your Company?

Written by Daniel J. Brock, CPA, CVA If you are looking to reward and incentivize key members of your management team, you may want to consider a “phantom stock” award.

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