The IRS has made available a 2022 tax year draft Form W-4P and indicates that the form will be split into two forms.
The IRS has issued Notice 2021-15, providing additional guidance and flexibility to employee benefit plans offering health FSA and dependent care arrangements.
The IRS has announced that processing requests for an extension of time to file 2019 Forms 5500 series returns were delayed in 2020, resulting in delayed mailing of Notice CP 216F.
At the end of 2019, the IRC was amended to create a mandatory 60-day postponement for certain federal tax-related deadlines in the event of a disaster.
Plan participants have more time to roll over certain plan loan offsets under the Tax Cuts & Jobs Act of 2017 (TCJA).
Published in the Federal Register is an IRS notice of public hearing on proposed regulations for automatic 60-day postponement of certain deadlines following federally declared disasters.
The SECURE Act makes it easier for employers to adopt ADP/ACP safe harbor plan provisions. These plans have proven popular with many employers.
IRS Proposes Regulations for Automatic Deadline Postponements for Federally Declared Disasters
The IRS has announced the postponement of certain tax-related deadlines for Mississippi victims of Hurricane Zeta.
IRS final regulations on offset retirement plan loan rollovers have been published in the Federal Register.