Learn About Form 5500 Changes in 2023
In February 2023, the IRS, Department of Labor, and Pension Benefit Guaranty Corporation released changes to the 2023 Forms 5500 and 5500-SF for plan years [...]
The Current State of Real Estate Investing: Opportunities and Challenges in 2023
Real estate investing has always been a prominent and lucrative avenue for investors seeking to diversify their portfolios and build wealth. As we navigate through [...]
Adventure in Your Backyard: Hidden Gems and Local Treasures to Explore
It's time to embark on an exciting journey right in our own backyard. Often, the allure of far-off destinations can blind us to the abundant [...]
SECURE Act 2.0 | A Review, Part 4
Self-Correction Program Changes SECURE 2.0 contained provisions that expanded the Employee Plans Compliance Resolution System (EPCRS) which is used by plan sponsors to correct errors [...]
A Look at Minnesota’s Paid Family and Medical Leave Bill
Recently, Minnesota passed legislation regarding paid family and medical leave. The bill, called HF2, guarantees employees up to 20 weeks paid family and medical leave [...]
Business Succession from a Forensic Accountant’s Perspective
This week, SDK's Ryan Stretmater sat down with Julie Keyes on her "Poised for Exit" podcast to discuss business succession from a forensic accountant's perspective. [...]
A Compilation of 2023 Summer Reading Lists
As the sun shines brighter and the days grow longer, there’s no better time to immerse ourselves in the enchanting world of books. Summer beckons [...]
Update on Direct Tax Rebate Payments and the 2023 Legislative Session
Yesterday, Governor Tim Walz signed legislation that directs the Minnesota Department of Revenue to distribute direct tax rebate payments. These payments are: $520 for married [...]
SECURE Act 2.0 | A Review, Part 3
Additional Exemptions from Early Distribution Penalty Tax Typically, participants aren’t allowed to take distributions of retirement funds prior to age 59 ½ without paying a [...]
