IRS Releases Updated EPCRS Guidance
The IRS has released Revenue Procedure 2021-30, which contains long-awaited guidance updating the Employee Plans Compliance Resolution System (EPCRS).
IRS Posts 2020 Tax Year Health Savings Arrangement Publication
The IRS has posted the 2020 tax year Publication 969, Health Savings Accounts and Other Tax-Favored Health Plans.
Deadline for CARES Act Retirement Plan Distribution Benefits
December 30, 2020, is the deadline for eligible taxpayers to take distributions from IRAs and employer-sponsored retirement plans that qualify for special tax benefits under CARES Act.
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