Eric Allen Kauk, Esq., LL.M., Author at Catholic Benefit Plans

Employers Need a Toolkit for Employee’s Mental Health, and Advisers can Help

There is a mental health crisis happening in the United States, and providing benefits to all employees is a great step in helping to support workers through this difficult time. With a shortage of mental health providers in America, and many not contracting with insurance carriers, it’s important for employers to know what they can […]

What Employers Should Consider During Open Enrollment

Building strong relationships between employers and employees is an important part of empowering employees to utilize their benefits package to its full potential. Employers need to have confidence in their benefits renewal decisions, taking the time to feel confident during renewal. Timelines for carrier renewal can be slim, so as an employer it’s important to […]

Budgeting Benefits in an Unstable Economic Climate

With more and more employees seeking support and stability in our unpredictable economy, providing enticing benefits while staying within budget can be tricky. Employee loyalty is more important than ever with companies fighting to keep each and every hire, and ensuring your employees maintain a solid benefits package is essential in securing long standing workers. […]

Top Companies Providing Adoption Benefits

Benefits regarding family planning have taken companies by storm, and many businesses are realizing that providing family benefits options for all employees is essential in supporting the workforce. This means supporting employees with adoption services, and The Dave Thomas Foundation for Adoption, a nonprofit organization specializing in adoption services, came out with a list of […]

Data Says Financial Benefits should be a Priority

There are many ways employers can go above and beyond to attract the best talent without having to spend an arm and a leg. Although raising employee’s salaries is a great incentive, there’s usually a definitive limit to the amount of money employees can make in order to stay within budget for a company. Alternatively, […]

October 21, 2022
Eric Allen Kauk, Esq., LL.M.
article, breaking, journals, news, update

Lisa M. Piehl, a member of the Internal Revenue Service (“IRS”) Small Business/Self-Employed Division, stated on October 14 that tax professionals should not fear getting audited when they request a transcript of an estate or gift tax return. Piehl said her job is simply to make sure the IRS’ processes and procedures are transparent and […]

The Treasury Will Release Guidance Clarifying the AMT Aggregation Rules:

October 20, 2022
Eric Allen Kauk, Esq., LL.M.
article, breaking, journals, news, update

The new corporate alternative minimum tax has been causing uncertainty for partnerships. The Treasury is intending to clarify the issue soon. When determining if a corporation is subject to the new alternative minimum tax, the aggregation rules for controlled partnerships and other entities might not always apply. According to the Treasury tax legislative counsel, […]

Permitting Your Employees to Work from Home Can Help Keep Your Employees Happy:

By January 2023, fifty-four percent of employees are expected to work from the office on any weekday, according to Partnership for New York City. This statistic may include hybrid workers who might be in the office three to four times a week, but it still points towards a decline in the frequency of employers providing […]

The IRS Trying to Promote Awareness of Cybercrime and Fraudulent Charities Again:

October 18, 2022
Eric Allen Kauk, Esq., LL.M.
article, breaking, journals, news, update

On October 17, the Internal Revenue Service (“IRS”) announced it will join international efforts to fight fraud. This announcement came because of the beginning of Charity Fraud Awareness Week, which lasts from October 17 to October 21. In the announcement, the IRS stated that according to estimates charitable organizations lose five percent of their […]

October 14, 2022
Eric Allen Kauk, Esq., LL.M.
article, breaking, journals, news, update

In final regulations issued on October 11, the Internal Revenue Service (“IRS”) and Treasury announced that employees and their families will have more access to Affordable Care Act (“ACA”) premium tax credits under new regulations. According to President Biden, this is the most significant administrative action to implement the ACA since the law was enacted. […]