The Coronavirus Aid, Relief, and Economic Security Act of 2020 (CARES Act), the Consolidated Appropriations Act, 2021 (CAA) and now the American Rescue Plan Act of 2021 (ARPA) each include many provisions that affect...more
4/29/2021
/ American Rescue Plan Act of 2021 ,
CARES Act ,
COBRA ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Flexible Spending Accounts ,
Fringe Benefits ,
Premium Subsidies ,
Relief Measures ,
Retirement Plan ,
SECURE Act
The Internal Revenue Service has been busy issuing guidance over the last month or so on various retirement benefit issues. We want to be sure you are aware of these important updates.
Retirement plan and IRA liquidity...more
7/21/2020
/ 401k ,
CARES Act ,
Coronavirus/COVID-19 ,
Deferred Compensation ,
Distribution Rules ,
Employee Benefits ,
Income Taxes ,
Individual Retirement Account (IRA) ,
New Guidance ,
Required Minimum Distributions ,
Retirement Plan ,
Safe Harbors ,
Tax Returns
This alert, from the Employment & Benefits practice group, focuses on the various retirement, welfare and fringe benefit related changes that have come out of the Coronavirus Aid, Relief, and Economic Security Act (the CARES...more
We want to share with you some recent informal developments from the Internal Revenue Service that could be concerning for sponsors of retirement plans.
VCP Rumors – A report recently emerged that the IRS is considering a...more
The SECURE Act: What It Is And What It Is NOT -
As part of a large year-end piece of legislation, the provisions known as the Setting Every Community Up for Retirement Security Act (the “SECURE Act”) were enacted into...more
1/29/2020
/ 401k ,
403(b) Plans ,
Contribution Limits ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Form 5500 ,
Health Savings Accounts ,
Individual Retirement Account (IRA) ,
IRS ,
Multiple Employer Plan (MEP) ,
Required Minimum Distributions ,
Retirement Plan ,
Safe Harbors ,
SECURE Act ,
Training Requirements
NEW TAX LAW MAKES CHANGES TO COMMUTING BENEFITS -
...The Tax Cuts and Jobs Act of 2017 (“TCJA”) generally eliminates employer deductions for commuter transportation and parking fringe benefits. This includes deductions...more
2/22/2018
/ Affordable Care Act ,
Bi-Partison Balanced Budget Act (BBA) ,
Compensation & Benefits ,
Corporate Taxes ,
Employee Benefits ,
Income Taxes ,
IRS ,
New Legislation ,
Pass-Through Entities ,
Reporting Requirements ,
Retirement Plan ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Rates ,
Threshold Requirements ,
Wage and Hour