2023 IRS Pension Plan Limits
The Internal Revenue Service (IRS) published its cost-of-living adjustments for the 2023 tax year that will affect dollar limits for pension plans and other retirement-related taxes. To learn more about…
About Jennifer Patschke, CPA
Posts by Jennifer Patschke, CPA:
New Auditing Standard for Employee Benefit Plans – One Year Later
In 2019, the American Institute of Certified Public Accountants (AICPA) Auditing Standards Board issued Statement on Auditing Standards (SAS) No. 136, which is effective for audits of financial statements for…
2022 IRS Pension Plan Limits
The Internal Revenue Service (IRS) published its cost-of-living adjustments for the 2022 tax year that will affect dollar limits for pension plans and other retirement-related taxes. For a detailed list…
Does Your Employee Benefit Plan Need an Audit?
The Employee Retirement Income Security Act of 1974 (“ERISA”) contains a requirement for annual audits of plan financial statements by an independent qualified public accountant. Determining if your plan is…
How to Choose a Quality Benefit Plan Auditor
When looking for a quality, independent public accountant to perform an audit of your employee benefit plan, understanding your auditor’s experience and capability to provide a quality audit can be…
New Auditing Standard for Employee Benefit Plans
In July 2019, the American Institute of Certified Public Accountants (AICPA) Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) No. 136, Forming an Opinion and Reporting on Financial…
How to Choose a Quality Benefit Plan Auditor
A quality audit is essential in protecting the assets and financial integrity of your employee benefit plan. Not only will it help ensure that the required funds will be available…
2021 IRS Pension Plan Limits
The Internal Revenue Service (IRS) recently published its cost-of-living adjustments for the 2021 tax year that will affect dollar limits for pension plans and other retirement-related taxes. For a detailed…