IRS Releases Draft 2019 Forms 1094/1095
The 2019 Forms 1094/1095-B (B Forms) and Forms 1094/1095-C (C Forms) have been released by the Internal Revenue Service (IRS), along with their corresponding instructions. […]
Advanced Copies of 2019 Form 5500 Released
Advanced copies of the 2019 Form 5500 series, including schedules and attachments, were recently released by the Department of Labor (DOL), Internal Revenue Services (IRS), […]
IRS Releases 2020 Adjusted Dollar Limitations For 401(k) Plans
On November 6, 2019, the IRS released its annual notice setting forth the various dollar limitations for contributions and benefits under qualified retirement plans, including […]
IRS Issues Final Regulations on 401(k) Hardship Distributions
On September 23, 2019, the U.S. Department of Treasury, acting through the IRS, issued final regulations governing hardship distributions (also known as hardship withdrawals) taken […]
IRS Announces New Address For Determination Letter Applications, Letter Ruling Requests, Certain Other Submissions
On September 12, 2019, the IRS announced a new address to be used for the mailing and delivery of certain submissions relating to employee benefit […]
IRS Updates VCP Electronic Submission Procedures, Revises Form
On June 28, 2019, the IRS issued its June Employee Plans News, in which the agency announced comparatively minor changes to the submission procedures applicable […]
IRS Expands Preventive Care Benefits for Chronic Conditions
Employees can now purchase chronic illness medications with health savings account (“HSA”) dollars instead of paying off their high deductible for insurance to cover the […]
IRS Releases Updated Form 2441: Child & Dependent Care Expenses
The IRS recently released a 2018 Form 2441 along with instructions. Form 2441 is: used to report Child and Dependent Care expenses; filed by the taxpayer […]
Prepare to Electronically File your VCP Submissions
Just in time for the holidays, the IRS put a little something in the stockings for retirement plan administrators and benefits professionals. In October 2018, […]