Menu

IRS Updates

As employee benefits programs increase in sophistication and flexibility, the complexity of tax compliance often increases as well. RSM understands the tax ramifications of employee benefits plans and regularly shares updates on tax concerns and compliance issues related to these plans. See below for some of our most recent IRS updates. 

Featured insights

TAX ALERT

Section 199A deduction and W-2 information return filing requirements

For section 199A deduction calculation purposes, it is critical for businesses to file timely its W-2 Wage and Tax Statements.

TAX ALERT

Reminder: Forms W-2 and 1099-MISC are due Jan. 31

The deadline for filing with the government is the same as for furnishing forms to your employees and independent contractors.

TAX ALERT

IRS answers questions on tax-exempt executive compensation

The IRS released Notice 2019-09 providing guidance to assist taxpayers in implementing new executive compensation rules under section 4960.

TAX ALERT

IRS releases guidance on qualified transportation benefit deductions

The IRS provides guidance to assist in determining expenses for parking fringe benefits for purposes of section 274(a)(4) and 512(a)(7).

TAX ALERT

IRS provides initial guidance on section 83(i) qualified equity grants

Notice 2018-97 provides needed year-end clarity on certain interpretive and administrative issues for the new deferral opportunity.

TAX ALERT

IRS releases annual retirement plan limitations

Most retirement plan limitations see small increases from 2018 to 2019, including IRAs for the first time since 2013.

TAX ALERT

IRS issues favorable guidance for deducting business meals

The IRS issued interim guidance on the deductibility of certain business meal expenses that are related to entertainment activities.

How can we help you with your benefit plan?

(* = Required fields)