Carlton Fields tax attorney Lowell Walters discusses three timely employee benefits issues: using employee benefits to reduce expenses; helping retirement plan participants in an inconsistent investment market; and, the...more
9/17/2020
/ 401k ,
403(b) Plans ,
Benefit Plan Sponsors ,
Bonuses ,
COBRA ,
Compensation & Benefits ,
Department of Labor (DOL) ,
Eligibility ,
Employee Benefits ,
Employer Contributions ,
Employer Group Health Plans ,
Employment Tax ,
Furloughs ,
Hiring & Firing ,
Investment Adviser ,
Investment Management ,
Layoffs ,
Payroll Expenses ,
Reduction in Hours ,
Retirement Plan ,
Wage and Hour
Carlton Fields tax attorney discusses two more preliminary considerations with executive benefits programs. Which employees should be targeted? What kind of benefit should be offered?...more
Carlton Fields tax attorney discusses preliminary considerations with executive benefits programs. Which companies benefit most? What kind of arrangements are available?...more
This article focuses on 401(k) and 403(b) plans that are in one of the following situations:
1. The plan failed ADP or ACP testing and must distribute excess amounts to its higher-ranking employees or make additional...more
2/5/2020
/ 401k ,
403(b) Plans ,
457(b) Plans ,
Compensation & Benefits ,
Distribution Rules ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Internal Revenue Code (IRC) ,
IRS ,
Nonprofits ,
Pass-Through Entities ,
Retirement Plan ,
Tax Deductions ,
Tax Planning
This article should interest employers that offer fringe benefits to employees in addition to regular pay. An updated IRS publication outlining how employers should tax certain fringe benefits (IRS Publication 15-B) was...more
This alert focuses on Florida governmental entities that provide benefits to firefighters. Newly adopted Florida Statutes chapter 112.1816, scheduled to go into effect July 1, 2019, provides additional minimum benefits to...more
5/9/2019
/ Cancer ,
Compensation & Benefits ,
Employee Benefits ,
Employer Group Health Plans ,
Firemen ,
Florida ,
GASB ,
Government Entities ,
New Legislation ,
Retirement Plan ,
State and Local Government ,
Tax Planning
All entities, including governmental entities, are now potentially liable for penalties due to overpaying employees....more
6/27/2018
/ Bonuses ,
Compensation & Benefits ,
Deferred Compensation ,
Excise Tax ,
Government Entities ,
Retirement Plan ,
Risk Assessment ,
Severance Pay ,
Tax Exempt Entities ,
Tax Liability ,
Tax Planning ,
Wages
In the latest version of the Tax Cuts and Jobs Act that awaits the President’s signature, employers will be taxed on amounts spent after December 31, 2017 on employee parking. ...more