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Compensation and Benefits
Structuring programs to compete for talent in today’s market
Effective compensation and benefits programs are central to your ability to attract and retain talent in today’s hypercompetitive employment market. The good news? You have more options to choose from than ever before, enabling you to more closely tailor your compensation and benefits programs to your business strategy and to your employees’ needs. But that complexity is also the bad news. How do you choose the right options without creating undesirable tax complications? How do you keep your plans aligned with your strategy in an evolving business environment? How do you deal with the uncertainties and compliance burdens of constantly changing regulations?
At RSM, we understand. We’ve been helping middle market businesses make the right compensation and benefits choices to support their unique strategies for decades. From plan design and implementation to the full range of compliance, tax and reporting challenges you face, we’re ready to help.
IRS answers a few important questions regarding the taxation and withholding rules for uncashed distribution checks.
New IRS guidance allows high deductible health plans to pay for treatments for chronic health conditions as preventive care.
Small business owners may be able to increase tax-beneficial retirement contributions with the use of a cash balance plan.
If adopted, these rules may make multiple-employer 401(k) plans an effective way for small business to provide retirement benefits.
Final regulations maintain partners cannot be employees of a disregarded entity owned by the partnership in which they are partners.