Legacy Professionals LLP

The landscape of retirement planning in the United States is undergoing significant changes with the recent enactment of the SECURE Act 2.0 . Building on the success of its predecessor, the SECURE Act of 2019, this legislation introduces several key updates designed to enhance the effectiveness of retirement savings plans. It aims to expand access, increase savings opportunities, and provide greater flexibility, which could have profound implications for employees and employers. Understanding these changes is crucial for anyone involved in retirement planning. Understanding the Impact of the SECURE Act 2.0 on Employee Retirement Plans Broadening Retirement Plan Access One of the SECURE Act 2.0’s primary goals is to make retirement plans more accessible to a broader range of workers, including part-time employees and those working for small businesses. Previously, part-time workers often faced challenges in qualifying for employer-sponsored plans due to stringent requirements on hours w...

In today’s fast-paced and competitive accounting environment , CPA firms must maximize their growth and performance to stand out. One of the most effective ways to ensure long-term success is by attracting and retaining top talent. Recruitment and retention are critical components of any firm’s strategy, as they directly influence the quality of service provided to clients, the overall productivity of the team, and the firm’s bottom line. CPA firms can build a sustainable, high-performing workforce that drives growth and success by optimizing these aspects. Recruiting Talent That Aligns with Firm Goals Recruiting the right professionals is the first step toward enhancing firm performance. CPA firms must approach Recruitment with a clear strategy beyond just filling open positions. It's crucial to identify candidates who not only have the necessary technical skills but also align with the firm’s culture and values. Hiring individuals who share the firm’s vision and goals can signifi...