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To encourage more small business employers to offer workplace retirement accounts for their employees and to reduce expenses for small plan filers, the Department of Labor (DOL) has streamlined and eliminated certain requirements for Form 5500. The changes and impacts are outlined below: The counting methodology for defined contribution retirement plans is now based on…
The recent emergence of easily accessible AI-backed tools and technology has acted as a disruptive force across a variety of settings – and small and large business settings are no exception. One of the most talked-about recent AI tools is ChatGPT, a generative AI chatbot that can create unique, human-like replies in response to prompts…
Every company needs a controller, but not every company has a controller. It could be a function of timing, such as a gap between hiring FTEs, or a factor of company size. One of the best things about controllership services at Weiss & Company LLP is the flexibility it offers. Companies who need the expertise…
