Employee Benefits

The Treasury Department and the IRS issued proposed regulations on Pension Protection Act funding rules. REG-139236-07, Measurement of Assets and Liabilities for Pension Funding Purposes , will provide employers who sponsor single-employer defined benefit plans with guidance regarding the measurement of pension assets and liabilities under the new funding rules. Plan sponsors need to determine the contribution requirements that apply to their defined benefit plans for the first year that the new funding rules apply. The new funding rules are generally effective for plan years beginning on or after Jan. 1, 2008, with the regulations being proposed to be effective for plan years beginning on or after Jan. 1, 2009. Plan sponsors can rely on these proposed regulations for purposes of satisfying section 430 requirements for plan years beginning in 2008.


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.