Calibre CPA Group recently hosted its annual Employee Benefit Plan Virtual Conference. The event was geared towards educating plan administrators, trustees, and other service providers about recent developments in the industry. 2020 was an unusual year given the financial and health climate of the COVID-19 pandemic. Conference speakers addressed new tax regulations, legislative decisions, and shifting economic trends that impact industry best practices and plan decisions in this uncertain time.
Speakers from Calibre CPA Group shared their knowledge on how to increase the efficiency of employee benefit plans. Partner Mary Margaret Prange gave timely updates on audit and accounting issues for the coming year. Partner Glenn Eyrich delivered a presentation on the Setting Every Community Up for Retirement Enhancement (SECURE) Act covering its legislative history and practical application. Senior Director Scott Hallberg reviewed the latest tax tips with emphasis on the CARES Act, which provides relief for organizations impacted by COVID-19.
Special guest speaker Ben Bohonowicz, Director of Client Services at Employee Benefit Services of Maryland, joined the Calibre team. Bohonowicz shared a variety of strategies for reducing costs and maximizing value of health and welfare plans. Calibre CPA Group Managing Partner James Kokolas moderated the discussion and fielded audience questions.