Required Minimum Distribution Rules Incorporate SECURE, SECURE 2.0 Act Changes The IRS has issued final regulations updating required minimum distribution requirements for certain retirement plan participants and IRA owners and …
Recaptured Gains from Stock Sale Qualified for Installment Method Addressing an issue of first impression, the Tax Court determined that the installment method applied to the taxpayers’ gains from …
90-day Deadline for Filing Petition to Redetermine Employment Tax Status Not Jurisdictional The Tax Court has determined that the 90-day deadline for filing a petition for redetermination of employment status is not …
IRS Releases Final Rules on PWA Requirements for Increased Clean Energy Project Credits The IRS has issued final regulations on the prevailing wage and apprenticeship (PWA) requirements for claiming an increased credit or …
FATCA IDES Migrating to Updated System June 14, 2024 The FATCA International Data Exchange Service (IDES) is migrating to an updated system and vendor beginning at 8 am EDT …
Reminder: 2024 Second Quarter Estimated Tax Payment Deadline is June 17 The IRS is reminding taxpayers who need to make estimated tax payments that the 2024 second quarter estimated tax deadline …
Agency FAQs (Part 63) Address Surprise Billing IDR Batching Issues; Highlight Updated CLAS Guidance FAQs About Affordable Care Act and Consolidated Appropriations Act, 2021 Implementation Part 63 (Nov. 28, 2023); County Data for Culturally and Linguistically …
FASB Revises Fourth Quarter Agenda Outlook: Three New Standards, Two Proposals Left to Come by Year-End The FASB revised its fourth quarter technical agenda on Oct. 10, 2023, to showcase that the board will issue three …
What Are the Rules for Making 401(k) Plan Matching Contributions on Student Loan Repayments? QUESTION: We understand that SECURE 2.0 made changes to how plan sponsors can treat repayment of student loans as elective …