What is an Employee Benefit Audit?

Whether you’re trying to recruit a new employee for a job or ensure the longevity of your existing employees, offering the right Employee Benefits Package is crucial. What do you offer your employees in addition to the benefits required by law?

The Balancing Act

Today’s educated employee is sure to consider the quality and relevance of the benefits you offer, as well as the tax implications.

That’s why, as an employer, you need to be certain that your benefits package includes the right mix of benefits to remain competitive. But this can be a difficult balancing act. Which benefits meet your individual needs? Which benefits satisfy your employees’ needs? What will it cost? What are the tax implications? And, what are the compliance requirements?

The Solution

Caras & Shulman, PC is uniquely capable of integrating your benefits program with your individual and business tax planning.

Our employee benefit services group stays current with the myriad of details created by complex laws and compliance obligations. As a result, you’ll automatically gain the advantage of having our team on hand to answer your questions, to make plan adjustments due to changes in your business or the economy, and to comply with new laws and regulations that affect your plan.

Your Benefits Package

Caras & Shulman, PC provides a comprehensive range of Employee Benefit Services including:

  • 401 (k) Plans
  • Annual Administration
  • Estate Planning
  • IRAs and SEPs
  • IRS Audits
  • IRS/DOL Reporting and Compliance
  • Nonqualified Deferred Compensation Plans
  • Pension Plans
  • Plan Design and Implementation
  • Premium Only Plans (POP)
  • Profit Sharing Plans
  • Retirement Plan Distributions
  • Self-Employed Plans (Keoghs)

 

Caras & Shulman, PC can custom-design plans that your employees will appreciate, and fall within your financial requirements as an employer. Working together, we can create and implement attractive plans, establish procedures and requirements, and assist with any compliance issues.

Take the First Step Toward Success

Talk to a Caras & Shulman, PC principal today about how we can help you design an Employee Benefits plan that your employees will appreciate as well as fall within your financial requirements as an employer.

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