Retirement Plans – Common Operational Deficiencies
Performing self-audits on retirement plans can avoid common deficiencies found by the IRS and Department of Labor.
Performing self-audits on retirement plans can avoid common deficiencies found by the IRS and Department of Labor.
Considering setting up a family limited partnership ( FLP) or transferring additional interests into an existing one? You may want to act now before year end.
If you recently inherited an IRA with other beneficiaries, the rules regarding required minimum distributions (RMDs) may not be optimal for everyone. Particularly, if the beneficiaries are multiple beneficiaries or the inherited IRA lists a charity as a beneficiary.
Wallace, Plese + Dreher (WP+D) Voted No. 1 Accounting Firm by Ranking Arizona: The Best of Arizona Business 2016.
You may have heard people say you should “avoid probate” in your estate and wondered: What does that mean? This article discusses probate issues and ways to avoid them.
In 2016, the Baby Boomer generation will turn 59 years old and be eligible to withdraw funds from their qualified retirement funds without incurring the 10% early withdrawal penalty. Many may not be ready for full retirement. Preparing for retirement takes planning and financial matters for retirement should not be ignored.
In December 2015, Wallace, Plese + Dreher (WP+D) designated Mark Dreher as managing partner. Scott Wallace, former managing partner since 1997, remains a partner and dedicates time to serving clients and business development.
Many factors impact the length of time it takes to close an estate, including size, complexity, and state law. Sometimes, estate proceedings continue to be open for years with no end in sight. As an executor, personal representative, or heir of an estate, you should be aware of a few general guidelines for closing an estate.
Take a disciplined approach to determine the best choice for running a family-owned business. Current senior owners should consider applying seven common-sense steps.
Wallace, Plese + Dreher announces new partner, William G. Miles, CPA, CFP.
Wallace, Plese + Dreher congratulates 8 professionals on their well-deserved promotions.
Wallace, Plese + Dreher (WP+D) is among Arizona Republic’s 2015 top 10 mid-sized accounting firms and Michelle Flynn is honored as top-ranking woman in chosen category.
The Internet has revolutionized our lives. It facilitates transactions and information transmission. With opportunities there are risks. In today’s Web-based world, it is critical to know contents of your “digital dossier” and take steps to minimize risks that various forms of online surveillance create for personal and financial security. Respond Online to IRS Requests to Verify Identity When the IRS receives a suspicious tax return
Over the years, tax and other paper records tend to mount. Many individuals and companies keep records longer than necessary in case the IRS, state tax authorities, or another regulatory body inquires about a course of action. The following record retention guidelines can prevent your home or office from looking like a TV show about hoarding. E-filing is on the upswing. According to