by Amy Sac | Aug 2, 2024 | 401kCPAs News
Submitting an employee retirement plan audit, specifically a 401(k) audit, before the October 15 deadline is essential for ensuring compliance and avoiding severe penalties. The 401(k) audit is a critical review process that evaluates the financial statements and...
by Amy Sac | Jun 26, 2024 | 401kCPAs News
In 2023, the Employee Benefits Security Administration made a startling revelation: a staggering 30% of annual audits of employee benefit plan financial statements fell short, with major deficiencies in meeting key requirements. Why does this matter? For plan...
by Amy Sac | Jun 13, 2024 | 401kCPAs News
Act now and follow PriceKubecka’s step-by-step guide to meet the IRS filing deadline. Time is of the essence as the first deadline for completing your 401(k) audit is rapidly approaching (July 31). For companies new to the 401(k) audit process, this task may...
by Elizabeth Peichel | Mar 17, 2024 | 401kCPAs News
Conducting an annual 401(k) audit is crucial for the majority of large and mid-sized companies. While not every business is required to perform an annual audit, the United States government has established strict criteria about which businesses do and don’t need...
by Amy Sac | Feb 26, 2024 | 401kCPAs News
If your business has a 401(k) plan with 100 or more account balances at the beginning of a plan year, you are required to perform a 401(k) audit. The audit report must be finished and filed with the IRS by July 31. In other words, the clock is ticking! Looking for an...