Pass the Test: EBP Compliance Requirements


Everyone gets a little nervous when they hear the word “test.” Especially, employee benefit plan (EBP) administrators since they are required to perform annual plan testing or risk steep IRS and DOL penalties for non-compliance. Unlike a standardized test, EBP testing ensures that highly compensated employees aren’t receiving a benefit that is discriminatory to other employees.

Watch Michael Carter and Melissa Barnes discuss the importance of performing coverage and non-discrimination testing annually and how CRI’s EBP professionals can help your plan stay in compliance with these testing standards.


Stop Getting Noticed by the IRS


What should your business do if it receives an IRS notice? Keep calm and call your CPA.

Receiving an IRS nuisance letter or audit letter is actually more common than you might think. The IRS regularly notifies businesses upon discovery of mathematical errors, when they receive information that conflicts with a tax return, or if they simply need additional documentation.

Watch Louise Anderson explain the different types of notices and the steps your business needs to take after receiving an IRS notice.


Assuming the R&D credit gets retroactively extended (hopefully permanently this time), new regulations proposed early in 2015 may be very beneficial to certain taxpayers. These new rules are related to the costs of developing internal-use software for your company. The Eligibility Test Qualifying for the federal R&D tax credits is fairly easy as long as….


CRI partners David Mills, Chad Singletary, and Tommie Singleton have been appointed to national accounting committees. David Mills Selected to Serve on AICPA Committees Focusing on SOC David was selected to serve on the AICPA’s SOC Peer Review Oversight Committee and the SOC Task Force. The SOC Peer Review Committee handles the selection of SOC….


3 Tips to Improve Year-End Tax Numbers


Pumpkin spice season is upon us, and next thing you know we’ll be frantically racing through the mall to complete our Christmas shopping lists. As you prepare for the holiday frenzy, don’t forget to add “call your CPA” to your to-do list. Why? There are several planning strategies that may help both businesses and individuals maximize deductions if acted upon before year-end.

Watch Ann Marie Sale discuss 3 tips to improve year-end numbers including tips to make the most of charitable contributions.


3 Red Flag Indicators of Occupational Fraud


What is one of the things that most businesses, not-for-profit organizations, and governments have in common? Unfortunately, it’s susceptibility to occupational fraud. According to the Association of Certified Fraud Examiners (ACFEs) 2014 Report to the Nations on Occupational Fraud and Abuse, the median loss caused by occupational fraud in not-for-profit organizations is $108,000. 

Watch  Michael Maddox discuss 3 red flag indicators of fraud including unusual account reconciliation items, large expense account variances, and employee behavioral changes. Read our article covering the most common occupational fraud schemes which include in the three types – financial statement fraud, corruption, and asset misappropriation.  Learning how these work is the first step in implementing measures designed to deter fraud and protect your organization.