IRS Announces Increased 2022 Retirement Contribution Limits
The Internal Revenue Service (IRS) announced today that the amount individuals can contribute to their 401(k) plans in 2022 has increased to $20,500, up from $19,500 for 2021 and 2020. Please click below for additional information regarding this update. You can also learn more about our 401k audit services. [button link=”https://www.irs.gov/newsroom/irs-announces-401k-limit-increases-to-20500″ type=”big” newwindow=”yes”] IRS announces […]
Taxable and Nontaxable Employee Benefits
As the unemployment rate falls from its 2020 high, employees are switching jobs in record numbers. The new stability in the economy means workers have more leeway to shop around for jobs that fit their lifestyles, needs, and values. Now, the onus is on employers to provide an environment that makes their key team members […]
Vrakas Keeps Growing!
This year has been BIG for the firm … not only are we celebrating our 50th anniversary, but we are continuing to add fantastic new employees and are nearly 80 strong. Fiercely independent, here to stay and serve YOU! We are excited to welcome six new employees to the firm: William A. Bares, CPA Tax Principal Will […]