Tag: Internal Revenue Service (IRS)

The agency will retain slightly more than half of its staff, but it will likely face delays if the government...

Dhillon was one of 108 nominees confirmed Tuesday night to fill a variety of Department of Labor and other federal...

Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.

Plan sponsors, payroll providers and plan administrators should already be ensuring they have processes in place to comply with the...

The statutory deadline has not been extended, but the rules will only be applied in 'good faith' in 2026.

The agency provided guidance about tax withholding and reporting obligations for reissued checks.

The changes will apply for valuation dates starting in 2026. 

The approach offers risk mitigation, often at a lower cost.

The Federal Emergency Management Agency issued a major disaster declaration, clearing the way for assistance.

When a plan faces an audit from the DOL or IRS, it is important to work closely with providers to...

The new guidance is part of the Trump administration’s broader shift toward deregulation and reducing the size of federal agencies. 

The IRS agreed to share taxpayer data with immigration authorities, a marked contrast to its 2023 approach to EBSA’s lost-and-found...

The IRS rule applies to most participants in workplace retirement plans and all traditional IRA owners.

Relief includes postponed deadlines for 2024 retirement contributions and penalty-free hardship withdrawals for impacted participants.

The two tables allow plan sponsors to determine additional benefits for employees whose compensation exceeds certain levels.

The agency decided to extend the deadline after commenters expressed timing concerns for implementing the final regulations.

Those who are at least 73 years old must take their IRA and defined contribution plan distributions before the end...

Plan sponsors of qualified plans and 403(b) plans may need to make plan amendments to comply with tax law.

Recordkeepers, industry organizations and academics weighed in on how to best get plan sponsors to implement a federal matching program...

The annual cap rises from the previous $100,000 limit.