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Q: Are employee assistance programs required to file a Form 5500?
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Who needs to file an IRS Form 5500?

Employers that maintain a qualified retirement plan must file an IRS Form 5500-Annual Return/Report of Employee Benefit Plan. Form 5500 is due on the last day of the seventh month following the end of the year.


What is the journal entry of payment received from debtor after deducting tds?

By Cash a/c dr. 5000 By Tds receivable a/c dr. 500 To Debtors a/c cr. 5500


Revenues total 10200 expenses total 7300 and the owners withdrawals account has a balance of 2600 What is the balance in the income summary account prior to closing net income or net loss?

5500


Who gets unearned income?

I believe that you mean Earned Income Credit. This was designed to be a helping hand for people who had children and were working but made smaller amount of money. It has grown out of control like most government programs and has become a lump sum welfare program. I would estimate that 40-60% of the payments are now fraudulent with people trading children, claiming children who aren't theirs, and claiming fraudulent income. Parents are also stating they are single when they aren't. They also will only work to make the amounts that max their EITC. People who earn 9,000 to 14,000 with two children can get $5500 without paying a cent during the year. Often times you get people who are married, lie stating they are single parents and both will get this much money, not including Child Tax Credits and other credits that can really add up. They could be caught so easy but the government doesn't seem to want to catch them. Sorry for my rant.


Reg merger scale 500055006500-10500 what will 1 st ACP?

pre-revised scales of 5000-8000 and 5500-9000 merged given grade pay 4200 and 6500-10500 and 7450-11500 merged given grade pay 4600 so,the question is what is grade pay on 1st ACP ? The answer is that as on 01-01-2006 whatever ACPS earned will be ignored if earned in pre revised scales thus any one completes 12 years between 01-01-2006 and 31-08-2008 be allwed to get 4600 grade pay if they were recruited in 5000-8000 scale.