Payroll, Tax, and Accounting Applied Knowledge
For-Profit Entities
Accounting for company stock in deferred comp plans (BB10921)
Accounting for deferred comp plans when assets are held in a Rabbi Trust.
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Accounting and tax comparison (BB10930)
Compares accounting and tax treatment of stock options, restricted stock, and deferred comp plans.
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Sample accounting guidelines for nonqualified defined contribution plans (BB11161)
Sample accounting guidelines for nonqualified defined contribution plans.
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Sample accounting guidelines for nonqualified defined benefit plans (BB11299)
Sample accounting guidelines for nonqualified defined benefit plans.
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Payroll tax reporting for contributions to nonqualified defined contribution plans (BB10928)
Rules for tax reporting of contributions to nonqualified defined contribution plans.
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Payroll tax reporting for nonqualified defined benefit plans (BB10141)
Payroll taxation of nonqualified defined benefit plans.
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FICA taxes and unreasonable rates of return (BB12508)
Highlights the rules around FICA taxes for unreasonable rates of return with deferred comp plans that offer crediting of account balances using fixed rates of interest.
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Tax reporting for unvested employer contributions that become vested at death (BB12234)
Many plan designs provide for immediate vesting if an active participant dies. If the participant that died was unvested or partially-vested, vesting occurs and FICA is due upon death. There are other special rules and requirements to consider.
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Tax reporting for deferred comp distributions (BB11193)
Tax reporting requirements related to the deferred comp plan participant's employment status.
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COLI taxation and reporting (BB10892)
Highlights the requirements of IRC Section 101(j) that impact corporate-owned life insurance (COLI).
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Rabbi Trust tax reporting for deferred comp (BB10926)
Methods of reporting to meet federal tax reporting requirements.
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State income tax sourcing rules (BB12559)
Highlights the state income tax sourcing rules for nonqualified deferred compensation plans, including tax and plan considerations.
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Payroll taxes on contributions to NQDC plans (BB11165)
Highlights payroll taxes on contributions to NQDC plans.
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Tax-Exempt Entities
Tax reporting of 457(f) plans (BB10927)
Tax reporting rules around contributions to 457(f) plans for not-for-profit employers.
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Sample accounting guidelines for 457(b) plans (BB11187)
Sample accounting guidelines for 457(b) plans.
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Sample accounting guidelines for 457(f) plans (BB11300)
Sample accounting guidelines for 457(f) plans.
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Payroll taxation of deferrals and contributions to 457(b) plans (BB10139)
457(b) plan payroll taxation requirements for employee deferrals and employer contributions.
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Payroll taxation of contributions to 457(f) plans (BB10925)
457(f) plan payroll taxation requirements for employer contributions.
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Tax reporting of deferrals and contributions to 457(b) plans (BB10140)
Tax reporting of employee deferrals and employer contributions to 457(b) plans.
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Tax reporting for distributions from 457(b) plans (BB11199)
Outlines tax reporting rules for employees and independent contractors participating in 457(b) plans.
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Insurance products issued by Principal National Life Insurance Co. (except in NY), Principal Life Insurance Company®, and the companies available through the Preferred Product Network, Inc. Plan administrative services offered by Principal Life. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Referenced companies are members of the Principal Financial Group®, Des Moines, IA 50392. For financial professional use only. Not for public distribution.
2070166-032022