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Mistakes to Avoid in Your Company’s 401(k) Plan Audit

By Michael Cecere, CPAGray, Gray & Gray, LLP If your company offers employees a 401(k), pension plan or other similar employee benefit plan, you are providing an important benefit. However, this benefit comes with strings attached. Those strings are the complex and burdensome fiduciary responsibilities surrounding the management of a 401(k) and similar employee benefit …

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Tax Tip

Important Change in Payroll Tax Withholding for 2011

The 2010 Tax Relief Act, enacted during December 2010, impacts all taxpayers. One provision has an immediate impact on employees and the businesses that employ them, as well as not-for-profit organizations with employees and individuals who have household employees. The Social Security tax, also known as the Old-Age, Survivors and Disability Insurance (OASDI) tax, has …

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