FATCA Relief under IRS Notice 2014-33 - August 28, 2014
In Notice 2014-33, issued on May 2, 2014, the IRS has offered some relief with regard to compliance with the Foreign AccountTax Compliance Act (FATCA). …
Internal Revenue Service Issues Announcement 2014-15 - August 5, 2014
Recently, the Internal Revenue Service (IRS) issued Announcement 2014-15, which redefines the application of the one-rollover-per-year rule for Individual Retirement Accounts (IRAs). Previously, the IRS …
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Compliance Calendar Q3 2014 - July 11, 2014
July 29 Date by which Summary of Material Modification (SMM), describing any plan changes in 2013, is due to the retirement plan participants for plans …
Department of Labor Proposes Guide - June 28, 2014
On March 12, 2014, the Department of Labor (DOL) requested comments on a proposed rule change that would require service providers to provide a guide …
American Taxpayer Relief Act of 2012 - March 7, 2013
In-Plan Conversions to Roth Accounts The American Taxpayer Relief Act of 2012 includes a provision that allows defined contribution retirement accounts not otherwise distributable to …
Qualified Charitable Distributions Reinstated - March 7, 2013
Beginning in 2006, the IRS permitted taxpayers who had attained age 70½ to make “IRA Charitable Rollovers” or Qualified Charitable Distributions (QCDs) directly to eligible …
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Department of Labor Agenda for 2013 - March 5, 2013
The Department of Labor (DOL) has published a lengthy regulatory agenda for 2013 that includes: 1. An amendment under the Abandoned Plan Program that would …
SEC Requests Data to Facilitate Its Consideration of a Uniform Rule for Investment Advisers and Broker-Dealers That Provide Personalized Investment Advice - March 3, 2013
On March 1, 2013, the Securities and Exchange Commission issued a request for information to aid the agency in its consideration of revisions to the …