Retirement Plan Audits

jones-roth-retirement-plan-auditsOur team performs employee benefit plan audits every year for all types of retirement plans across the Pacific Northwest.

We take our commitment to quality service, cost efficiency, timely communication, and technical expertise seriously. Our client promise is to issue benefit plan audits within 60 days of the information being provided and are willing to guarantee a delivery date in most situations. Serving all regions of Oregon from our offices in Bend, Eugene, and Portland, we provide audits for 401(k), 403(b), ESOP, Defined Benefit, and Health & Welfare plans.

We are a member of the American Institute of Certified Public Accountants Employee Benefit Plan Audit Quality Center. Our clients are as small as 100 participants and as large as 14,000.

Contact us for a no-obligation fee quote for your retirement plan audit and/or a second opinion on your current services.

Read our recent post about Retirement Plan Audits.

Jones & Roth Retirement Plan Audits are lightning fast and stress-free.

“As one of the leading Retirement Plan Audit Firms in the Pacific Northwest, our promise is to deliver high quality work, on time, with efficiency that is cost effective.”

— Evan Dickens, CPA

Retirement Plan Audits Team

Evan Dickens, CPA

Evan Dickens, CPA

Partner and Shareholder

Jon Newport, CPA

Jon Newport, CPA

Partner and Shareholder

Mark Reynolds, CPA

Mark Reynolds, CPA

Partner and Shareholder



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Recent News

5 Ways Dental Practices Can Take Advantage of the 20% Pass-Thru Deduction

5 Ways Dental Practices Can Take Advantage of the 20% Pass-Thru Deduction

Tax reform, commonly referred to as the Tax Cut and Jobs Act, has many new provisions that became effective for tax years beginning January 1st, 2018. One provision in particular created a deduction up to 20% of “qualified business income” earned from pass-thru entities and sole proprietors.

Dental practice owners may want to consider this new tax savings opportunity, but it is subject to a host of qualifications and limitations, so it requires careful strategic tax planning.

The deduction will be claimed on individual owners’ tax return Form 1040 and is commonly being referred to as the Section 199A deduction (referencing the Internal Revenue Code), or the 20% qualified business income deduction (QBID).

Business income is eligible if the company is structured as a Sole Proprietorship, a Partnership, or an S-corporation. C corporations are not eligible to take this deduction. Personal taxable income must be less than $315,000 for a married filer or $157,500 for a single filer to avoid the deduction being phased out. The deduction is fully phased out at taxable income of $415,000 for a married filer and $207,500 for a single filer.

Here are our Top 5 Strategies for dental practice owners to consider.

  1. Increased Retirement Plan Contributions
    Increasing retirement plan contributions can reduce taxable income. Consider increasing contributions to an existing plan and consider if establishing a cash balance plan might be an additional vehicle for increasing contributions.
  2. Employing Children in Your Practice
    You may have an opportunity to employ your children and pay them the highest reasonable rate for their work. Now each child can earn up to $12,000 per year free of federal income tax.
  3. Review Personal & Business Expenses
    Consider whether some expenses can be captured as business expenses such as meals, phone, health insurance, travel, auto, etc.
  4. Take Advantage of Depreciation
    Review all depreciation schedules and opportunities to keep income under the deduction thresholds.
  5. Health Savings Account
    Establish and fund a Health Savings Account (HSA). Coverage under an HSA can provide tax-deductible contributions of up to $6,900 for a family and an additional $1,000 for each spouse age 55 or older.

Though tax reform is complex with lots of qualifiers and limitations careful tax planning can produce significant tax savings.

Practical Management for Independent Practices

Practical Management for Independent Practices

This excellent post is from Pacific Northwest Healthcare Practice Consultant Lonnie Hirsch of Hirsch Healthcare Consulting.

Lonnie has identified top 10 challenges that face physician-owned independent practices. The list includes financial and profitability challenges, the emotional states of being overwhelmed and confused, time and resource constraints, physiological barriers to success, and more.

For each example, Mr. Hirsch includes solutions for the challenges that are plaguing independent practices. This post is an engaging and insightful look at problem/solution for physicians, practice managers and staff working in clinics that are fighting to stay independent.

Read the full blog post:

2018 Tax Reform Impact on Meals & Entertainment

2018 Tax Reform Impact on Meals & Entertainment

The Tax Cut and Jobs Act of 2017 (TCJA) puts stricter limits on what businesses can deduct for meals and entertainment expenses for amounts incurred or paid after December 31, 2017. The Jones & Roth tax team has put together a reference chart as a tool to help you navigate the various changes.

The following table compares the rules before and after the Tax Cuts and Job Act.

Expense Description 2017 Expenses (Prior Law) 2018 Expenses (New Law)
Office holiday parties, picnics, events for employees and customers 100% deductible for portion allocated to employees;

50% deductible for portion allocated to customers

100% deductible for portion allocated to employees;

portion allocated to customers is nondeductible without additional guidance from Congress or Treasury*

Employee meals provided for convenience of employer (ex. meals provided by employer for employees working overtime or meals provided at onsite cafeteria) 100% deductible 50% deductible
(nondeductible after 2025)
Employee meals while traveling away from home overnight 50% deductible 50% deductible
Employee meals for required business meeting
(ex. employer-provided lunch during marketing or education meeting)
50% deductible 50% deductible
Office snacks
(ex. coffee, soft drinks, bottled water, donuts and similar snacks or beverages)
100% deductible 50% deductible (nondeductible after 2025), however, does not appear to be what Congress intended. Technical corrections may provide for 100% deductible.
Items available to the general public (ex. complementary coffee & snacks in lobby area) 100% deductible 100% deductible
Meals expense for attendance of a business league, chamber event, or trade/association meeting 50% deductible 50% deductible
Employees (2 or more) working lunch/dinner mtg. 50% deductible 50% deductible
Entertaining clients, employees, referrals sources, vendors, etc.
(ex. golf scramble, sporting event tickets, theaters, country clubs, and other purely entertainment related charges that are directly related to taxpayer’s business and can be properly substantiated)
50% deductible No deduction for entertainment-related expenses, including meals
Entertainment-related meals 50% deductible No deduction
Client/Prospect Business Meals (ex. business owner treats a potential client to lunch and discusses matters directly related to business between the two) 50% if taxpayer is present and not lavish or extravagant No deduction without additional guidance from Congress or Treasury*
Reimbursed meals and entertainment expenses
(ex. business charges its clients fees plus expenses and provides their clients with detail of the expenses on the invoice sufficient for client to determine deductibility of the expense)
100% deductible provided the taxpayer accounts to such person or business with detail of the expenses on the invoice 100% deductible provided the taxpayer accounts to such person or business with detail of the expenses on the invoice


*There has been a lot of discussion regarding the question of whether a business meal with a client, prospect, business associate, or referral sources should be treated as nondeductible entertainment or as deductible business meals under the new law. A strict reading of the new law indicates these types of meals are considered “entertainment” and no longer deductible. Most practitioners believe this is not what Congress intended and are waiting on guidance from Congress or Treasury.