Although you cannot mail a check for a federal withholding tax deposit, there are a few options to submit these payments to the IRS electronically.
How to Submit a Federal Withholding Tax Deposit
read more
/ Category:
Retirement Plans
Choosing the right retirement plan for your employees can be a challenge. From navigating contrasting rules and regulations pertaining to various types of retirement plans to determining which type of retirement plans best suit the unique needs of your employees, small businesses and large corporations alike have a plethora of important decisions to make when it comes to retirement plan selection. The experienced retirement plan team at Watkins Ross understands these challenges, regulations, and decisions. We expertly help you navigate your retirement plan options so you can choose the perfect retirement plan for your business’s specific needs. Explore our collection of retirement plan articles on the Watkins Ross blog to learn more about the various types of retirement plans available for business owners like you, including 401(k), 403(b), 457 plans, cash balance retirement plans, defined benefit retirement plans, ESOP, profit sharing, non-qualified retirement plans, and multi-employer retirement plans. Not finding the retirement plan information you need? Connect with us here to learn more about Watkins Ross retirement plan design and administration services.
Changes To The 402(f) Special Tax Notice
The 402(f) Special Tax Notice was revised as a result of the tax reform legislation known as the “Tax Cuts and Jobs Act.”
Protect Your Qualified Plan From RMD Failures
Qualified retirement plans are subject to Required Minimum Distribution (RMD) rules. It’s important to protect your qualified plan from RMD failures.
Reporting And Disclosures Checklist
Qualified retirement plans are subject to many reporting and disclosure requirements. Download the reporting and disclosures checklist.
Attribution Rules – The Family Tree
You don’t get to choose your family, and the same holds true with family attribution rules; but a company’s ownership is critical for accurate testing.
Requirements For A Qualified Domestic Relations Order (QDRO)
It is imperative for a Qualified Domestic Relations Order (QDRO) to meet the various requirements before a benefit is paid out of the plan.
Retirement Plan Check-up
The best way to avoid long-running errors on your retirement plan is to complete a Retirement Plan Check-up twice a year; in the summer and winter.
New Loan Offset Rules
Beginning in 2018, the new law extends the 60-day rollover deadline to the participant’s tax return due date for the year the loan offset occurred.
2017 Census Request: What Do I Report To My TPA?
The 2017 Census Request provides critical information your TPA needs to calculate contributions and complete the valuation report for the retirement plan.
IRS Electronic Media Guidance
The IRS Electronic media guidance methods may be used to deliver most plan information required under the Internal Revenue Code.