Employee Benefit Plans

With the uncertain future of Social Security as well as the growing opportunities for tax-deferral, individuals are increasingly concerned with ensuring a comfortable, financially secure retirement. Employers have numerous plan options to provide employees with tax-deferral opportunities. With the complexity of the Employee Retirement Income Security Act ("ERISA") combined with new and changing tax law and guidance from the Internal Revenue Service ("IRS"), it is imperative that both employers and employees consult experienced advisors in order to take advantage of planning opportunities, including current and future tax savings.

PYA has substantial experience in Employee Benefits Plan services. Our professionals assist employers and plan sponsors with the reporting and disclosure requirements for ERISA, including participation, eligibility, vesting, funding, fiduciary responsibility, and administration. Additionally, we work with large corporations, non-profit organizations, small businesses, and executives to assess the unique needs of each client. We also monitor law changes to the Internal Revenue Code, including analyzing and notifying clients of pension and benefit rule changes resulting from new tax acts (e.g., the Economic Growth and Tax Relief Reconciliation Act of 2001, which brought sweeping changes to retirement plan rules).

We have assisted employers with benefit plan design, adoption and qualification, and we routinely provide the support necessary to satisfy plan administration, maintenance, and filing requirements. Our professionals would be pleased to discuss Employee Benefit Plan strategies and opportunities applicable to you or your business.

Services Offered:

• Tax Services
• Compliance Services
• Small Business Services
• Specialized Services
• Audit and Accounting
• Federal and State Income Tax Returns
• Exempt Organization Returns and Applications for Exemption
• Estate Tax Returns
• Gift Tax Returns
• Quarterly and Annual Payroll Tax Returns
• Sales Tax Returns
• Employee Benefit Plan Returns
• Tangible and Intangible Property Tax Reports
• Determination Letter Requests
• Applications for New Businesses
• State and Local Business Registration Forms