401(k) Audit Requirements: Is Your Company Ready?
401(k) Audit Requirements: Is Your Company Ready? A 401(k) audit can be a challenge,
The Manufacturing CFO’s Guide to Job Costing (and What Most ERP Systems Get Wrong)
The Manufacturing CFO’s Guide to Job Costing (and What Most ERP Systems Get Wrong)
Cybersecurity Risk Assessment: What It Is, Why You Need One, and What Happens After
Cybersecurity Risk Assessment: What It Is, Why You Need One, and What Happens After
Wisconsin Manufacturers Have More AI Opportunity Than They May Realize
Wisconsin Manufacturers Have More AI Opportunity Than They May Realize Authored by Chortek LLP
Managed IT Services for Milwaukee Businesses: What to Look for in a Local MSP
Managed IT Services for Milwaukee Businesses: What to Look for in a Local MSP
vCIO vs. MSP: What’s the Difference? Does Your Business Need Both?
vCIO vs. MSP: What's the Difference? Does Your Business Need Both? Authored by Chortek
When unequal cash creates unequal risk: disproportionate distributions in S-corps
Disproportionate distributions in S corporations can trigger unintended tax consequences and even loss of S status. Learn where the risks arise and how strategic planning can preserve compliance while achieving unequal economic outcomes.
Living trust myths vs. reality: what a revocable trust really does
Revocable living trusts are widely used and widely misunderstood. This article explains what revocable trusts actually do, what they don’t do, and why proper design, funding, and coordination matter. Understanding these nuances can help prevent surprises and improve estate planning outcomes.
Mitigating liability as a 401(k) plan sponsor: your role as a fiduciary
Offering a 401(k) plan to your employees is not just a perk—it's a significant fiduciary responsibility under ERISA that requires careful oversight and compliance to shield both the plan and its participants. Discover the core duties and common pitfalls that come with managing a 401(k) plan, and learn best practices for mitigating liability while securing your team's financial future. Stay informed on regulatory changes and proactive measures to protect your organization in this detailed guide.
Why Estate Taxes Aren’t The Only Inheritance-Related Costs to Consider
Estate planning discussions often focus on the federal estate tax exemption, but most families face different challenges when transferring wealth. Probate fees, state-level taxes, capital gains exposure, and administrative complexity can all erode inheritances - even for estates well below the federal threshold. A comprehensive estate plan addresses these hidden costs, not just headline tax numbers.