Tag: IRS

A revenue ruling addresses income tax withholding and reporting, and a revenue procedure adds to the list of waivers of...

Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.

For 2021, the default rate of withholding for certain periodic retirement and annuity payments will remain the same as it...

This year’s conference opened with a lively discussion about the changes plan sponsors are experiencing, the new issues to which...

There are two proposed changes, and comments are also requested about ways to enhance the information collected and to minimize...

The guidance defined the ‘applicable wages’ per pay period that qualify for the deferral, as well as how the Social...

Carol Buckmann, with Cohen & Buckmann P.C., explains legislative provisions or official guidance related to the COVID-19 pandemic that affect...

The notice also clarifies that plan administrators are not required to provide a Section 402(f) notice to a recipient of...

Items effective in 2020 include several provisions of the SECURE Act.

Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19...

Attorneys say employers considering whether, and what type, of multiple employer plan (MEP) to join will want to closely monitor...

IRS Notice 2020-51 answers questions regarding the waiver of required minimum distributions (RMDs) for 2020 under the Coronavirus Aid, Relief...

Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19...

An employer adopting a newly approved plan document will be required to do so by July 31, 2022.

The temporary relief is for retirement plan participant elections required to be witnessed by a plan representative or a notary...

Deadlines have been moved for single-employer and multiemployer DB plans and 403(b) plans, among others.

Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19...

The revenue procedure also sets the deductible limits that define a high-deductible health plan for the year.

The agency published an issue snapshot explaining special catch-up contribution rules after issuing a program letter saying such contributions will...