Starting in 2026, higher-income earners will be required to make catch-up contributions to retirement plans as after-tax Roth contributions. This SECURE 2.0 change impacts both employees and employers, who must update their plans to comply with new IRS regulations.
Recent tax legislation brings favorable changes to business interest deduction limits. By reverting to pre-2022 calculation methods that add back depreciation, amortization, and depletion, the One Big Beautiful Bill Act allows many businesses to deduct significantly more interest expense starting in 2025.
The IRS has intensified its focus on executive compensation and fringe benefits, expanding audits from large corporations to smaller companies. Perks like corporate credit cards, club memberships, and private jet use can trigger tax complications if not properly reported, putting both executives and employers at risk.
Nearly 90 million American adults struggle to comprehend medical information, leading to inefficient healthcare use and higher costs. Health illiteracy drives unnecessary emergency room visits, longer hospital stays, and poor chronic condition management. Employers can help by simplifying benefits communications and providing accessible support resources.
Splitting assets in divorce seems straightforward until tax season arrives. While most property transfers between divorcing spouses are tax-free, the hidden tax liabilities attached to appreciated assets can create unexpected financial consequences. Understanding these rules is essential to ensuring a truly equitable settlement.
Help your nonprofit address growing cyber risks with practical guidance on password management, employee training, and vendor security for 2026 and beyond.
Dividing retirement accounts during divorce requires careful planning to avoid serious tax consequences. From IRA rollovers to QDROs for qualified plans, understanding the rules can save you from unexpected tax bills, penalties, and financial setbacks. Learn the essential strategies to protect yourself.
Many investors treat their 401(k) as a standalone account, missing opportunities to optimize their overall portfolio. Learn how to strategically coordinate your 401(k) investments with your other holdings, consider tax implications, and avoid over-concentration in employer stock to maximize your long-term investment results.
COBRA administration presents significant compliance challenges for employers, with costly penalties for mistakes. From tracking eligibility to managing notifications and premium collections, the administrative burden is substantial. Many companies are turning to third-party administrators to reduce risk, control costs, and free up HR staff for more strategic initiatives.
A recent Tax Court ruling against the Estate of Anne Milner Fields demonstrates how deathbed transfers and insufficient asset retention can cause family limited partnerships to fail IRS scrutiny, resulting in the loss of valuable valuation discounts and potential penalties under IRC Section 2036(a).