Tag Archives: IRS

IRS Issues Mandatory Model Notice for Nonelecting Church Plans

Posted on September 26, 2011 by Administrator

Last week, I was fortunate to attend the IRS’ phone forum on Current Developments and Issues from the office of Employee Plans Rulings and Agreements. As with all IRS phone forums, it was excellent. During that forum, the IRS said … Continue reading →

Posted in IRS | Tagged , , , | Leave a comment

Free ERPA CPE from the IRS on Monday, Sept. 12, 2011

Posted on September 8, 2011 by Administrator

The IRS is hosting a free phone forum on Monday, Sept. 12, 2011, on Participant Loans. The webinar will focus on the treatment of loans as distributions under Code section 72(p), their taxability, and their relationship with Code section 4975 … Continue reading →

Posted in IRS | Tagged , , , , | Leave a comment

Are Employer Provided Cell Phones Coming Soon to Definition of Compensation

Posted on September 6, 2011 by Administrator

On Friday (Sept. 2, 2011), the IRS released the 2011-2012 Priority Guidance Plan (PGP). 37 items in the PGP relate to retirement plans, and 29 items relate to Executive Compensation, Health Care and Other Benefits, and Employment Taxes. More about … Continue reading →

Posted in Compensation, IRS | Tagged , , , | Leave a comment

20 Questions on Terminations, Partial Terminations and Severance from Employment

Posted on August 24, 2011 by Administrator

How much do you know about terminations, partial terminations and severance from employment? Here is your chance to find out! Test your knowledge of IRS guidance on terminations, partial terminations and severance from employment by playing 20 Questions on Terminations, … Continue reading →

Posted in Distributions, Termination | Tagged , , | Leave a comment

IRS Updates FAQ on Hardship Distributions

Posted on August 11, 2011 by Administrator

The IRS has posted a new FAQ on hardship distributions. It includes a handy list of items which plan administrators should follow when processing a hardship distribution. It starts with this reminder: A plan may only make a hardship distribution: … Continue reading →

Posted in Distributions, IRS | Tagged , | Leave a comment

IRS Seeks Comments on ERPA CPE Redesign

Posted on July 29, 2011 by Administrator

On July 18, 2011, the IRS issued Notice 2011-61 seeking comments on how ERPA CPE should be provided. The IRS must receive comments by August 17, 2011. The Notice contains the email address for submitting comments electronically and also the … Continue reading →

Posted in IRS | Tagged , | Leave a comment

Free ERPA Ethics CPE from the IRS

Posted on July 8, 2011 by Administrator

On July 29, 2011, at 2pm ET (11am PT), the IRS is hosting a phone forum on Ethics for Employee Plans Practitioners. Karen Hawkins, the Director of the IRS’ Office of Professional Responsibility and Gabriel Minc, a Senior Tax Law … Continue reading →

Posted in IRS | Tagged , , | Leave a comment