Fiduciary responsibility. Liability under ERISA. Compliance. Seems a little daunting when it’s laid out like that, doesn’t it? As a government contractor it’s important to understand the risks and benefits…
Blog
SEC Proposes its Own Fiduciary Rule
The DOL’s fiduciary rule has been a point of contention in the industry. Many financial groups claimed that the rule was overly burdensome and there was a fear of the rule…
Your Guide to Letters from the IRS
As a government contractor, one of your biggest concerns is compliance. As of now, Affordable Care Act penalties are being assessed by the IRS and the hammer is dropping on…
Three Potential Compliance Pitfalls for Government Contractors in 2018
Compliance goes with government contracting like peanut butter goes with jelly. It’s just part of the deal. But compliance, in and of itself, is a huge undertaking. Government contractors are…
Obama-era Fiduciary Rule Voided by U.S. Appeals Court
Last week, a federal appeals court voided the DOL’s Obama-era fiduciary rule. The rule was adopted in 2016 in an attempt to curb conflicts of interest among providers working with…
New All Agency Memorandum Establishes Tiered SCA Fringe Rate
Federal contractors already know that the Service Contract Act (SCA) fringe rate is generally updated annually. In 2016, the Department of Labor (DOL) issued All Agency Memorandum 221, which made no…