(authored by RSM US LLP) Health reimbursement arrangements (HRAs) allow employers to pay employees’ medical expenses on a tax-free basis.
(authored by RSM US LLP) Employee interest in health savings accounts (HSAs) has increased so employers should understand the benefits of offering them to employees.
(authored by RSM US LLP) The IRS issued an ambitious strategic operating plan for spending $80 billion in additional funding provided by the Inflation Reduction…
(authored by RSM US LLP) From operations to data management, banks need to take advantage of automated solutions to streamline manual processes and maintain a…
(authored by RSM US LLP) The Bank Term Funding Program gives small and midsize banks the chance to shore up their liquidity.
The Louisiana Department of Revenue (LDR) issued information for all business that are required to file with the IRS, for the tax year 2022, Forms…
Cybersecurity has been a chief concern among small business owners for some time, but protecting data from bad actors has become even more important since…
On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022. This bill, which was initially written as a successor to…
In June, the IRS began piloting a new compliance program for benefit plan sponsors. This program gives benefit plans 90-days’ notice of an upcoming examination,…
In early 2016, the Financial Accounting Standards Board (FASB) released new guidance on how businesses should account for leases. That new standard went into effect…