On Thursday May 28, 2020, the IRS released Notice 2020-35 which extended the filing date for Form 5498-IRA Contribution Information, Form 5498-ESA-Coverdell ESA Contribution Information, and Form 5498-SA-HSA, Archer MSA, ...
On May 4, 2020, the IRS posted Coronavirus-related relief for retirement plans and IRAs FAQs. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), enacted on March 27, 2020, ...
On April 10, 2020, the IRS issued Notice 2020-23 that postponed numerous time-sensitive acts – many of which are IRA related. Included in this list of time-sensitive acts are IRA ...
On Thursday April 9, 2020, the IRS issued Notice 2020-23 providing expanded coronavirus relief including IRA rollovers. The rollover relief provides increased flexibility for IRA owners looking to complete a ...
Today the House of Representatives passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act includes several provisions that will directly impact many IRA/HSA owners and ...
President Trump signed the massive $2 trillion federal stimulus package, the Coronavirus Aid, Relief and Economic Security Act (CARES Act) bill into law. His signature came just hours after the ...
On March 20, 2020, the IRS released Notice 2020-18 that announced the federal income tax filing deadline for taxpayers and small businesses has been moved from April 15, 2020 to ...
The IRS has posted a final version of the 2020 Instructions for Forms 1099-R and 5498. Form 5498 IRA providers are required to report repayments of Qualified Birth or Adoption Distributions ...
The IRS has now posted two different draft versions of the 2020 Instructions for Forms 1099-R and 5498. The first draft was posted on January 16, 2020, and the second draft ...
Recently, the IRS proposed treasury regulation, REG–132240–15, providing clarification on distributions from certain retirement plans and IRAs that are delivered outside of the United States. This regulation would clarify the ...