Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Fringe Benefits: What Tax Reform Means to the Employer
McDermott Will & Emery [Guidance Overview] Jan. 18, 2018
"If a tax-exempt entity provides an opportunity for employees to pay transportation expenses on a pre-tax basis, the entity may inadvertently trigger [unrelated business taxable income (UBTI)], which could be a significant issue. Further complicating this issue are the local laws in New York City, Washington, DC, and the San Francisco Bay area that require certain employers to maintain qualified transportation fringe benefit programs under Code Section 132(f). Therefore, it will not be easy for certain employers to simply discontinue transportation fringe programs in order to avoid UBTI."
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