Employee benefit plans are valuable tools for most businesses, large
and small. Current tax deductions for plan contributions, deferral
of taxes on the plan earnings, and savings incentives for employees
are just a few of the benefits of these kinds of plans.
BMC is one of the very few CPA firms in the Rio Grande Valley to
offer Employee Benefit Plan services. With an extensive depth of
knowledge and experience, our professionals are able to assist
clients in the administration of their present and future plans.
Employee Benefit Plan Specialization
- Selection of type of plan that works best for you.
- Drafting of the plan document, implementation of the plan, and
communication with the employees about the plan's benefits.
- Administration of the plan, including all required annual
testing and reporting.
- Maintenance of the plan in compliance with current IRS and
Department of Labor rules.
- Assistance in the selection, operation, and annual reporting
of employee insurance plans, including cafeteria plans.