Category: DOL/IRS Guidance
…about your deductibility question: the answer is NO!
February 16, 2012
Posted by Maria T. Hurd, CPA During tax season, questions about the deductibility of company contributions come up year after year, most of which involve a plan sponsor’s wish to deduct a company contribution to their retirement plan. Despite their wishful thoughts, many times the answer is NO. In some cases, however, a NO answer … Continued
Tax Filing Requirements for Voluntary Employee Benefit Association Trusts
February 09, 2012
Posted by Michael Mast, CPA Disclaimer: All blog posts are valid as of the date published. Voluntary Employee Benefit Association (VEBA) Trusts meet requirements to file both Form 5500 and Form 990. This requirement to file two returns made me question why other collectively-bargained benefit plans, such as the Pension, Annuity Funds, as well as … Continued