The Internal Revenue Service (IRS) has issued proposed regulations to required minimum distributions from qualified plans, section 403(b) annuity contracts and custodial accounts, individual retirement arrangements (IRAs), and eligible deferred compensation ...
The IRS issued WV-2021-01 to provide "affected taxpayers" who were victims of severe storms and flooding in West Virginia relief with postponed deadlines for the completion of certain time-sensitive acts, many of ...
On May 13, 2021, the IRS issued TN-2021-01 to provide affected taxpayers" who were victims of severe storms in Tennessee relief with postponed deadlines for the completion of certain time-sensitive acts, many ...
IRS Announces Additional Postpones Deadlines for IRA/HAS Contributions and Other Time-Sensitive Acts
On April 29, 2021, the IRS issued News Release KY-2021-01 and News Release AL-2021-01 to provide "affected taxpayers" who were victims of certain disasters in Kentucky and Alabama relief with postponed deadlines ...
In News Release IR-2021-67 the Internal Revenue Service announced that individuals have until May 17, 2021 to meet certain deadlines that would normally fall on April 15. This confirms that ...
On February 22, 2021, the IRS issued News Release IR-2021-43 to provide “affected taxpayers” relief with postponed June 15th deadlines for the completion of certain time-sensitive acts many of which are related ...
The IRS issued Notice 2020-79 announcing the 2021 cost-of-living adjustments (COLAs) applicable to dollar limitations for employer-sponsored retirement plans, including individual retirement arrangements (IRAs). The annual contribution limit remains at ...
The IRS issued Notice 2020-68, that provides guidance on the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) that was enacted in December 2019 in a question-and-answer format. Topics ...
The IRS announced relief for victims of the tornadoes, severe storms, and flooding that took place in parts of Mississippi, Tennessee, and South Carolina in IR-2020-126. Affected individuals and businesses ...
The IRS released Notice 2020-51 which provides significant relief for IRA owners and beneficiaries as well as retirement plan participants who wish to return their 2020 distributions due the RMD rule ...