MENTORS COME IN MANY FORMS



By Liz Belcher, CPA

Partner, Tax Services

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With aspiring professionals graduating and summer internships starting, now is a good time to remember the importance of mentorship. When young people are hungry for a career, mentors with long-term perspectives can serve as helpful reminders to be patient and persistent.

Mentors can make a difference deeper into people's professional paths as well. And they don't necessarily have to be professionals in their same field.

Let's take a closer look at the many benefits of mentorship …

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PREPARE YOUR SUMMER 401(K) AUDIT WITH SPONSEL

By Eric Woodruff, CPA, CCIFP

Partner, Director of Audit & Assurance Services

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Does your company's 401(k) or retirement plan now have 100 or more participants? The Department of Labor (DOL) says it's time for an audit!

Sponsel CPA Group can help, and this season is an ideal time to tap into our expertise. First, summer months tend to be a better time for CPA firms to take on retirement plan audits, as the hustle and bustle of tax filing season is behind us. Second, for 401(k) plans with calendar year ends, Form 5500 and the auditor's report are usually due on July 31, unless an extension is filed.

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