Bringing Fun to Tax Season at Vrakas

Amid the hustle and bustle of tax season, Vrakas CPAs + Advisors has found a unique way to inject some fun into their work environment. For the past three months, the company has been hosting “Silly Saturdays,” a series of themed dress-up days that have their team dressing for success. Along with Silly Saturdays, Vrakas […]

Complying with SECURE Act Changes to Long-Term Part-Time Employee Eligibility and IRS Form 5500

Two significant regulatory changes to retirement plans require immediate attention from plan sponsors, both to ensure current operational compliance and to comply with upcoming deadlines. Many long-term, part-time (LTPT) employees are now eligible for 401(k) retirement plans; there is also a new method of counting defined contribution retirement plan participants on Form 5500 Annual Return/Report. […]