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Category: Audit & Accounting

Secure Act 2.0 and Your 401(k) Plan

July 12, 2023 by Stephanie Leduc
Audit & Accounting
The SECURE 2.0 Act (Secure 2.0) was signed into law on December 29, 2022 by President Biden. With the law comes several important changes to employee benefit plans, including 401(k) plans. Below are the top 4 items that will impact 401(k) plans in the coming years. 1. Requirements for automatic...
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Planning for the New Leasing Standard

June 27, 2022 by Nicole Seaholm
Audit & Accounting
In 2022, most private companies will be required to follow a new set of leasing standards which require financial statements to report all leases on their balance sheet.  In a future post, we will detail how this will impact the financial statements and recordkeeping of your company. This post will...
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