irs guidance

Deadlines for Tax Filing and Certain Contributions Confirmed

The IRS makes official the previously announced delay of the April 15, 2021 federal income tax filing due date for individuals for the 2020 tax year to May 17, 2021. 

FuturePlan ERISA Team

HSA

IRA

IRS

IRS Guidance

New Guidance on PPE as Medical Expense

The IRS has indicated that amounts paid for PPE that are primarily used to prevent the spread of COVID-19 are treated as amounts paid for medical care. 

FuturePlan ERISA Team

HSA

IRS

IRS Guidance

IRS Announces Extension to File Tax Return

The IRS has announced that tax filing due dates for 2020 tax year federal income tax returns will be automatically extended from April 15, 2021, to May 17, 2021.

FuturePlan ERISA Team

Defined Contribution Plan

HSA

IRA

IRS

IRS Guidance

Deadline Relief for Louisiana Victims of Storms

The IRS has issued a news release announcing the postponement of certain tax-related deadlines for Louisiana winter storm victims. 

FuturePlan ERISA Team

Defined Contribution Plan

IRA

IRS Guidance

IRS Provides Updated Draft Withholding Forms

The IRS has made available a third early release 2022 tax year draft Form W-4P, Withholding Certificate for Periodic Pension or Annuity Payments. 

FuturePlan ERISA Team

Defined Contribution Plan

IRA

IRS Guidance

IRS Regulations Address Tax on Unrelated Businesses in Plans

The IRS has released final regulations on computing unrelated business taxable income (UBTI) for a tax-exempt organization. 

FuturePlan ERISA Team

Retirement Spotlight

Defined Contribution Plan

IRA

IRS

IRS Guidance

IRS Issues Deadline Relief for Texas Victims of Winter Storms

The IRS has issued a news release announcing the postponement of certain tax-related deadlines for Texas winter storm victims. 

FuturePlan ERISA Team

Defined Contribution Plan

IRA

IRS Guidance

New Withholding Form to Be Used for 2022

The IRS has made available a 2022 tax year draft Form W-4P and indicates that the form will be split into two forms. 

FuturePlan ERISA Team

Defined Contribution Plan

IRA

IRS Guidance

IRS Details Additional Temporary Guidance for Cafeteria Plans

The IRS has issued Notice 2021-15, providing additional guidance and flexibility to employee benefit plans offering health FSA and dependent care arrangements. 

FuturePlan ERISA Team

IRS

IRS Guidance

HSA

Notices for 2019 Forms 5500 Series Extension Approvals

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. 

FuturePlan ERISA Team

Defined Contribution Plan

IRS

IRS Guidance

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