Written for Clients, Professional Advisors and Community.

We’ve been administering pension and 401(k) plans for over 25 years. Invariably, we see the same person employed by a company with two different social security numbers. Or, we’ll see two different people using the same social security number. As my children say, “What’s up that that?”

The (Federal) Customs and Enforcement Service (ICE) recently announced an increase in routine checks to make sure that companies are following the rules when hiring immigrants. Normally, companies get but three days notice before an audit takes place.

Audit failures in this area can lead to additional Federal regulatory audits. The government mentality is that if there is a paperwork problem in one area, the company is a good target in another.

We recommend that our clients perform periodic self audits to ensure that there are no paperwork problems when and if ICE shows up for an audit.

In response to this and other problems facing the small business owners, we’ve developed a unique program which provides this audit and other services including a quarterly review and strategy meeting at a fixed price. For additional information, please call our office.