All insights by: Ashley Meyerdierks

Planning Ahead for 2024: Should Your 401(k) Help Employees with Emergencies?

The SECURE 2.0 law, which was enacted last year, contains wide-ranging changes to retirement plans. One provision in the law is that eligible employers will soon be able to provide more help to staff members facing emergencies. This will be done through what the law calls “pension-linked emergency savings accounts.” Effective for plan years beginning Read More »

Nonprofits: Special Events Call for Tax Planning

Tax reporting may be the last thing on your mind when planning a special fundraising event. But your not-for-profit should carefully track revenues and expenses and retain related documentation now to facilitate the reporting process later. Pay attention to the following issues. What to report Tax reporting for an event may require different — and more — Read More »

Key Considerations for Naming a Trust as IRA Beneficiary

Individual retirement accounts (IRAs) have grown in popularity since they were first introduced in the 1970’s. IRA’s are useful tools often used to grow assets without paying current income tax and to transfer these assets on to the next generation. These accounts now hold over $11 trillion of assets, which is more than 1/3 of Read More »

Michiana Benchmark Business Index Continued to Surge in Second Quarter

DOWNLOAD PDF: Q2 2021 Michiana Benchmark Business Index by Kruggel Lawton The second quarter 2021 Michiana Benchmark Business Index, compiled by the certified public accounting and consulting firm of Kruggel Lawton CPAs, rose in the second quarter of the year to the highest score in the nearly eleven years since the survey began.  The second Read More »

IRS Makes Significant Changes and Revisions to EPCRS

The IRS issued new self-correction guidance with the release of Revenue Procedure 2021-30. The new guidance expands self-corrections of plan operational failures through plan amendments, extends the safe harbor correction method for missed deferrals for plans with automatic contribution features, and increases the de minimis threshold on when failures have to be corrected. Period For Read More »

Get to Know Aaron O’Dell in Our Knoxville Office

Aaron O’Dell is a graduate of Tennessee Tech University and has been a part of the Kruggel Lawton team for almost 4 years. In this video, Aaron talks about his journey leading up to joining the team at Kruggel Lawton and how he helped start the Knoxville office. For more information about our Employee Benefit Read More »