Ideas & Insights

Individuals and their advisors need to be familiar with the various IRA tips and traps to avoid negative consequences.

The medical device excise tax, the health insurance tax and Cadillac tax have all been repealed by recent legislation.

The due date for providing 2019 Forms 1095-B and 1095-C to individuals has been extended by the IRS from Jan. 31, 2020 to March 2, 2020.

The SECURE Act makes changes affecting retirement benefits in qualified plans and in IRAs for both the employers and individuals.

Congress has repealed the Affordable Care Act’s Cadillac tax on employer health plans prior to its effective date in 2022.

The IRS has released the final version of Form W-4 reflecting changes to employee withholding from the Tax Cuts and Jobs Act.

The IRS released proposed regulations which supplant and largely following previous guidance in Notice 2018-68 with important distinctions.

IRS guidance establishes amendment deadline for 401(k) and other retirement plans to comply with new hardship distribution rules.

IRS issues guidance on voluntary employees’ beneficiary associations (VEBAs) and supplemental unemployment benefit trusts (SUBs).

The IRS issues proposed regulations to update the life expectancy tables to reflect current, longer life expectancy rates.

The U.S. Senate approved treaty protocols that will affect the taxation of pension plans between certain contracting states.

The IRS publishes applicable annual limitations and maximums for retirement plans, resulting in small increases for 2020.

IRS issued Rev. Proc. 2019-39, a revenue procedure that establishes a system of recurring remedial amendment periods.

The IRS issued final regulations on the 401(k) plan hardship distribution requirements as amended by tax reform (T.D. 9875).

This webcast will focus on examining the effect of tax reform on pass-throughs at international, state and local levels.

IRS issues proposed regulations regarding special valuation rules for employee’s personal use of an employer-provided vehicle.

Join us to hear an update, including lessons learned from the first returns filed under the 2017 tax reform law.

IRS answers a few important questions regarding the taxation and withholding rules for uncashed distribution checks.

A recent GASB Exposure Draft addresses the accounting for Internal Revenue Code Section 457 deferred compensation plans.

New IRS guidance allows high deductible health plans to pay for treatments for chronic health conditions as preventive care.