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Showing content with the highest reputation on 02/28/2017 in all forums

  1. "Is there any type of tax deduction/writeoff on the personal federal tax return for the withholding and contributions?" For conventional deferred compensation, no.
    2 points
  2. PATH Act (2015). Deadline for filing 1099-MISC reporting non employee compensation moved back to January 31. February 28 is still the deadline for reporting distributions on 1099-R.
    1 point
  3. My guess is that Sports Authority, as a for-profit enterprise, was not a governmental entity. Wouldn't the deprived participant only be able to take a tax loss to the extent that after-tax money was involved?
    1 point
  4. Old habits die hard. I know CPA's who do 5500's with a Schedule I just because that is what they have always done. It sounds like you are fine with moving to the SF for 2016. That being said, just because you are eligible for the small plan audit waiver does not mean you are eligible for the 5500-SF. From the 5500-SF instructions (my emphasis underlined)
    1 point
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