Employee Benefits

The U.S. Department of Labor clarified how employers can offer health savings accounts (HSAs) to employees without triggering Employee Retirement Income Security Act (ERISA) requirements. Field Assistance Bulletin 2006-02 ( www.dol.gov/ebsa/regs/fab_2006-2.html ) explains some points that have continued to draw questions from employers since a bulletin two years ago (2004-01).

The latest guidance clarifies that HSAs do not constitute employee benefit plans under ERISA even when employers pay account fees on behalf of employees, or when employers open accounts for employees and deposit funds without asking employees’ consent.


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.