2017 Form 5500 – No Big Changes

The IRS has released advance copies of the 2017 Form 5500 and instructions.  The previous year’s optional compliance questions are gone, along with information about paid preparers.  We don’t expect to see a major revision for several years.

Tax Reform

As of this writing, Congress is still working out tax reform legislation.  The good news so far is that we’re not seeing anything that negatively impacts ESOPs. Continue reading....