Correcting Late Deposits: Steps to Take When You Miss a Remittance Deadline
The Department of Labor takes benefit plan remittance deadlines very seriously. If you miss one, take these steps to avoid penalties.
The Department of Labor takes benefit plan remittance deadlines very seriously. If you miss one, take these steps to avoid penalties.
Missing remittance deadlines for employee contribution plans can carry significant penalties. Here’s how to avoid them.
Nonprofit salary increase budgets are on the rise to levels not seen in years, according to BDO’s first-quarter 2022 Pulse Survey.
From long call wait times to tax return processing errors and delays, the IRS staffing shortage is having a big impact on taxpayers.
After the rollercoaster of past two years, every business should take advantage of a lease audit to evaluate their real estate portfolio.
Kentucky HB 8 enacts a short-term tax amnesty program set to begin in October, and expands the list of services required to pay sales and use tax.
More than 20 states now allow pass-through entities (PTEs) to elect to be taxed at the entity level to help residents avoid the $10,000 limit on federal itemized deductions for state and local taxes, also known as the “SALT cap.”
Pooled Employer Plans (PEPs) were created to expand access to retirement benefits by addressing some of the restrictions and perceived drawbacks of multiple employer plans (MEPs) while creating additional benefits for PEP participants, such as tax credits and the “one bad apple” rule.
The 2022 BDO Tax Outlook Survey polled 150 middle market tax executives to find out more about the challenges they are facing, their outlook on the rapidly evolving global tax landscape and how they are planning to adapt to uncertainty in the upcoming year.