BE Informed

State & Local Tax Year-End Issues to Consider Now

Updated: October 8, 2021 State and local governments are revisiting taxpayer compliance with nexus...

IRS Guidance for Employers Claiming the Work Opportunity Tax Credit

The IRS recently issued Notice 2021-43, which provides a 28-day extension of the deadline for...

IRS Issues ERC Guidance as Congress Mulls Early Termination

The IRS has published new guidance on the Employee Retention Credit (ERC). The credit was created...

Long-Term Impact of CARES Act Loans & Distributions on Retirement

The Coronavirus Aid, Relief and Economic Security (CARES) Act allowed plan sponsors to relax loan...

SBA streamlines forgiveness for smaller PPP loans

The Small Business Administration (SBA) has released new guidance intended to expedite the...

What Higher Ed Institutions Need to Know About Tuition Discounting

Universities and colleges in the U.S. are facing a challenging paradox. Over the past 20 years,...

Hardship Distributions: Complying with Recent Changes

Efforts to keep up with the myriad of challenges that retirement plan sponsors faced in 2020 may...

Coronavirus State and Local Fiscal Recovery Funds (CSLFRF)

The Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) provide $350 billion in emergency...

CAA: What plan sponsors needs to know about retirement plan relief

The Consolidated Appropriations Act, 2021 (CAA), which was enacted on December 27, 2020, is mostly...

Pulse Check: Is It Time to Update Your Spending Policy?

2020 was quite the year. While we started off with record highs in the stock market, by mid-March,...