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A Better Partnership


Aug 2020
August 13, 2020

UPDATE: Employers Have Two Years to Rewrite Defined Contribution Plans – Warner is Here to Help

Restatement Window Opens on August 1, 2020 The IRS recently announced that starting August 1, 2020, employers with a pre-approved defined contribution plan (e.g., 401(k) and profit-sharing) will h...

Aug 2020
August 12, 2020

Payroll Tax Obligations Deferred in Light of COVID-19

On August 8, 2020, President Donald Trump issued an Executive Order and Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster (Memorandum).  Pursuant to th...

Aug 2020
August 11, 2020

IRS Gives Details on CARES Act Funding and Benefit Limitation Rules for Defined Benefit Plans

The IRS is still busy issuing guidance on the retirement plan provisions of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This time it’s about the funding and benefit li...

Aug 2020
August 10, 2020

Governor Whitmer Revises COVID-19 Workplace Safety Order

On August 7, Governor Gretchen Whitmer extended the State of Emergency through September 4, 2020. On the same day, Governor Whitmer issued Executive Order 2020-166, revising the earlier Executive O...

Aug 2020
August 05, 2020

SBA Releases FAQs on PPP Loan Forgiveness

On Tuesday, August 4, 2020, the Small Business Administration (SBA) and Department of Treasury released new Frequently Asked Questions (FAQs) concerning forgiveness of Paycheck Protection Program (...

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