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2020 Dollar Limitations on Benefits and Contributions

With the release of Notice 2019-59 the IRS has announced the cost-of-living adjustments for pension plans and other related items for the 2020 tax year.

Opportunity Zones: 3 Waves of Investment

Though Opportunity Zones are being leveraged to garner millions of dollars of investment for Erie, critics of the Incentive claim that, as a whole, Opportunity Zones have only added to the capital stack of deals that would have been made regardless of the Tax Incentive—and they’re not completely wrong.

Opportunity Zones: The Role of Government

The Opportunity Zones Federal Tax Incentive is best utilized when all community partners work together to achieve its success. Although the initiative is not a government program, this does not mean that government is a silent bystander.

Opportunity Zones: The Erie Model

By enticing investors with tax free growth, Opportunity Zones work to give low-income communities a “shot in the arm” and a chance at making a deal that may not otherwise be possible, possible. In short, Opportunity Zones present opportunity.

Cybertheft and Retirement Plan Assets

If news headlines about cyber-attacks and data breaches have not yet frightened you to examine and bolster the security measures protecting your retirement plan assets, what kind of an epiphany are you waiting for?

Agent and Broker Mergers and Acquisitions

Mergers and acquisitions among insurance agencies and brokers in the United States and Canada continue to occur at record levels.

IRS Expands Self-Correction Program

On April 19, 2019 the IRS issued Revenue Procedure 2019-19, which updates the comprehensive system of correction programs for sponsors of retirement plans.

2019 Dollar Limitations on Benefits and Contributions

With the release of Notice 2018-83, the IRS has announced the cost-of-living adjustments for pension plans and other related items for the 2019 tax year.

Pennsylvania Breach of Personal Information Notification Obligations

In addition to various Federal requirements such as the Health Insurance Portability and Accountability Act (HIPAA) that impose obligations on entities to disclose the occurrence of data breaches involving personal information, Pennsylvania law imposes breach notification requirements.

The Affordable Care Act: The Gift that Keeps on Giving

The Internal Revenue Service has announced that it will begin issuing letters regarding potential pay or play penalties to Applicable Large Employers (“ALE”) for the year 2015. Indications are that employers will begin receiving the letters in December 2017 – Happy Holidays!

2018 Dollar Limitations on Benefits and Contributions

With the release of Notice 2017-64 the IRS has announced the cost of living adjustments for pension plans and other related items for the 2018 tax year.

Landowners, Legacies and Legalities

What Forest Landowners Need to Know About Estate Planning and Forest Preservation from a Legal Perspective

Facebook, the Right-to-Know Law, and the First Amendment: What Public Entities and Officials Need to Know

What public officials post on Facebook may now be considered to be public records.

BREAKING NEWS: DOL's New "White Collar" Overtime Rule is Placed on Hold

Yesterday (November 22, 2016), a federal judge in Texas granted an emergency motion for preliminary injunction blocking, at least temporarily, the implementation of the Department of Labor’s new rule which amended certain regulations to the Fair Labor Standards Act (FLSA) and was to take effect on December 1, 2016.

2017 Dollar Limitations on Benefits and Contributions

The IRS has announced (IR-2016-62) the cost-of-living adjustments for pension plans and other related items for the tax year 2017. The following table shows the 2017 dollar limitations in comparison to 2016.

80 articles total

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