IRS Issues Interim Report about 401(k) Compliance Questionnaire
February 3, 2012 (PLANSPONSOR.com) – The Internal Revenue Service’s (IRS) interim report of responses from its 401(k) Compliance Check Questionnaire...
Tag: IRS
IRS Issues Guidance About Annuities in Retirement Plans
February 2, 2012 (PLANSPONSOR.com) – The Internal Revenue Service issued two pieces of guidance to clarify how certain rules apply...
DoL Issues Final Rule on Fee Disclosure
February 2, 2012 (PLANSPONSOR.com) – The U.S. Department of Labor’s (DoL) Employee Benefits Security Administration (EBSA) issued a final rule...
IRS Updates Procedures for Issuing Advice to Employee Plans
January 3, 2012 (PLANSPONSOR.com) – The Internal Revenue Service has issued a number of Revenue Procedures revising procedures for furnishing...
IRS Extends Deadline for Opinion and Advisory Letter Applications
December 22, 2011 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has extended the application deadline for opinion and advisory letters...
Advance Copies of 2011 Form 5500 Released
December 20, 2011 (PLANSPONSOR.com) - The Department of Labor has released informational copies of the 2011 Form 5500 annual report.
IRS Extends Transfer Relief for Certain Puerto Rican Trusts
December 19, 2011 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has extended transitional relief for certain Puerto Rican group trusts...
IRS Saver’s Credit Helps Workers Save for Retirement
December 16, 2011 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has issued a reminder for taxpayers to take advantage of the...
What to Expect When Your Plan is Audited
December 8, 2011 (PLANSPONSOR.com) – Having your retirement plan audited by the...
IRS Talks Retirement Plan Errors
December 1, 2011 (PLANSPONSOR.com) – In a phone forum on its correction programs, representatives from the Internal Revenue Service Employee...
IRS Provides Sample Plan Amendment for Underfunded Pension Plan Limitations
November 29, 2011 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has issued a notice providing a sample plan amendment that...
IRS Announces EP International Unit Initiatives
November 23, 2011 (PLANSPONSOR.com) – The Internal Revenue Service said its Employee Plans (EP) International unit has made significant progress...
IRS Gives Update on 401(k) Questionnaire Project
November 23, 2011 (PLANSPONSOR.com) - Over 95% of the 1,200 plan sponsors contacted by the Internal Revenue Service Employee Plans...
IRS Releases Notice on Fee Requirements for Determination Letters
October 20, 2011 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has...
IRS Announces Intent to Amend Interest Crediting Rules for Hybrid Plans
October 13, 2011 (PLANSPONSOR.com) – The Internal Revenue Service issued Notice 2011-85 announcing that the Treasury Department and the IRS...
IRS Updates List of Nonbank Trustees and Custodians for Tax-Advantaged Accounts
September 2, 2011 (PLANSPONSOR.com) – The Internal Revenue Service has updated its list of entities approved to...
Tax Court Enforces 10% Penalty on Deemed Distribution
August 22, 2011 (PLANSPONSOR.com) - A tax court has upheld the 10% early distribution penalty that the Internal Revenue Service...
IRS ESOP Review Worksheet Revised
August 2, 2011 (PLANSPONSOR.com) - The Internal Revenue Service has created a revised three-page Employee Stock Ownership Plan (ESOP) Review...
IRS Reaches Agreement with Millennium Plan
July 5, 2011 (PLANSPONSOR.com) - The Internal Revenue Service announced that it has reached an agreement with the Millennium Multiple...
Court Issues Mixed Ruling in Case of Abusive Tax Shelter Plan
July 1, 2011 (PLANSPONSOR.com) – Claims against insurance companies, pension planners, financial advisers, accountants, attorneys, and other professionals who were...