Employee Benefit Plan Audits

Articles

Why a Nonqualified Deferred Comp Plan May Be Right For You

Why a nonqualified deferred comp plan may be right for youWhat if a nonqualified deferred compensation plan (NQDCP) enabled your senior managers to replace a higher proportion of their current income when they retire? While NQDCPs often are perceived as only for top executives, they may also be right for your upper-level staff. Some considerationsThe […]

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Articles

Healthcare Premium Subsidy Notices Begin to Arrive

Thousands of employers across the country have received (or soon will receive) a letter from U.S. Department of Health and Human Services (HHS) notifying them that one or more of their employees has applied for healthcare insurance through a federal Health Insurance Marketplace, and that the employee has been deemed eligible to receive a healthcare

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Articles

Having an Investment Policy Statement is… a Good Policy!

By Michael Cecere, CPAGray, Gray & Gray, LLP Do you know how your money is being invested? Or, if you are the one responsible for managing an investment portfolio, what assurance are you giving your clients that their money is being invested as they would wish? If you can’t answer these questions, you probably do

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Articles

The Latest “Spoofing” Scam Appears to Come from the Corner Office

That email from the boss asking for personal data on employees could be a fraudulent attempt to steal their identities. That’s the warning from the Internal Revenue Service (IRS) on the latest online “spoofing” scam to rear its ugly head. The IRS issued an alert to human resources and payroll professionals to warn them about

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Press Release

Department of Labor: Audit Quality Matters

The U.S. Department of Labor (DOL) oversees the annual audits of more than 81,000 employee benefit plans. Recently, the DOL sent out a letter (via email) to tens of thousands of benefit plan administrators regarding audit quality. Perhaps you received one yourself. The letter went out because the DOL is deeply concerned that a significant

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Press Release

Gray, Gray & Gray Earns Clean Audit Report from U.S. Department of Labor

Canton, MA (September 1, 2015):  As part of their ongoing efforts to ensure auditor quality, the U.S.  Department of Labor (DOL) recently concluded an assessment of the quality of audit work performed by Gray, Gray & Gray. The DOL found that Gray, Gray & Gray’s work fully complied with professional auditing standards and contained no

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