News & Insights

A Refresher on the Trust Fund Recovery Penalty for Business Owners and Executives

Facebook Twitter LinkedIn Email

One might assume the term “trust fund recovery penalty” has something to do with estate planning. It’s important for business owners and executives to know better. In point of fact, the […]

READ MORE

Your Fiduciary Duty as a Trustee or Personal Representative: A Guide to Estate Responsibilities

Facebook Twitter LinkedIn Email

By: Jen Danko   Being trusted and appointed to the role of a trustee or personal representative of an estate is a lot to comprehend. It comes with significant responsibilities and […]

READ MORE

Evaluate Whether a Health Savings Account is Beneficial to You

Facebook Twitter LinkedIn Email

With the escalating cost of health care, many people are looking for a more cost-effective way to pay for it. For eligible individuals, a Health Savings Account (HSA) offers a […]

READ MORE

IRS Issues Guidance on New Retirement Catch-up Contribution Rules

Facebook Twitter LinkedIn Email

In December 2022, President Biden signed the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act. Among other things, the sweeping new law made some significant changes to so-called catch-up contributions, […]

READ MORE

IRS Pushes Back Changes to 401(k) Catch-Up Contributions

Facebook Twitter LinkedIn Email

The Internal Revenue Service (IRS) announced in late August, 2023, it will push back changes to 401(k) catch-up contributions that were scheduled to take effect in 2024.   Under the […]

READ MORE

Recent Posts