The IRS has issued Notice 2022-7, which contains updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.
The PBGC has published inflation-adjusted penalty amounts for failure to provide certain notices or other material information.
The IRS postpones certain tax-related deadlines for Tennessee storm victims.
The IRS has issued the applicable federal rates for February 2022.
IRS’s guidance on whether periodic payments from an individual account under a qualified retirement plan are considered a series of substantially equal periodic payments.
Tax payers and individuals will have a new process for calculating and electing federal income tax withholding on retirement distributions.
The DOL has published several inflation-adjusted penalty amounts for certain failures associated with qualified retirement plans.
The IRS released a draft of the 2022 Publication 15-A, Employer’s Supplemental Tax Guide (Supplement to Pub. 15, Employer’s Tax Guide).
The IRS has issued a news release announcing the postponement of certain tax-related deadlines for victims of flooding and mudslides in Washington.
The IRS has announced that tax filing season will begin on January 24, 2022.