Breaking Down the Upcoming 2023 Plan Year Employee Benefit Plan Audit Requirements for Government Contractors
Change is ongoing in the world of employee benefit plans, and this year is no different. With these plans becoming increasingly complex and heavily regulated, it is crucial for government contractors to stay updated on the latest audit requirements.
Understanding IRS Letter 6612 for ERC Claims
IRS Letter 6612 signifies an audit of Employee Retention Credit (ERC) claims, prompted by a surge in ineligible applications. Businesses receiving the letter must provide detailed documentation within 30 days to prove their ERC eligibility or face possible claim denial.
Nonprofit Records Retention Policies
Whether your organization is creating or updating its records retention policy, make sure you know how long to keep dozens of different documents, plus learn tips for creating an effective policy.
Understanding the DCAA Audit: A Comprehensive Guide for Government Contractors
As a government contractor, it is crucial to understand the intricacies of DCAA's processes, as it can be beneficial to your survival and success in the federal market. In this extensive guide, we aim to demystify the DCAA, its role, and how you, as a contractor, can turn the DCAA audit process into a constructive partnership rather than a foreboding encounter.
Foreign Investment in U.S. Real Estate Tax Act
Learn about the Foreign Investment in Real Estate Property Tax Act and the impacts to you.
Choosing an Auditor for Your Employee Benefit Plan (EBP)
Learn about the IQPA audit report requirement for large employee benefit plan and what determines if the plan is large or small.
