Deadline for correcting IRA excess contributions
IRA contributions in excess of the limit are subject to a 6% excise tax, unless the excess amount is removed by the deadline along with
Tools that the financial, tax and legal advisor may use to simplify the rules and regulations that apply to tax-deferred retirement savings accounts- IRAs, Roth IRAs, employer 401(k) plans.
IRA contributions in excess of the limit are subject to a 6% excise tax, unless the excess amount is removed by the deadline along with
Private Delivery Services (PDS) is a list of delivery services approved by the IRS , that can be used to meet the post mark rule.
If a distribution was done from your IRA or other retirement account during last year, the payer[1] should have sent you a Form 1099-R. Your
The IRS issued Announcement 2016-39, in which they provide relief to taxpayers who have been adversely affected by Hurricane Matthew and who have retirement assets
The Social Security Administration (SSA) has published the Old-Age, Survivors, and Disability Insurance (OASDI) and Supplemental Security Income (SSI) for 2017 They can be
The IRS updates it’s disaster relief program here
In Private Letter Ruling (PLR) 201625022, the IRS determined that an IRA owner used a distribution from her IRA as a “short-term loan”, and was
Charity is Exception to ‘Contingent Right’, making Trust a ‘Qualified Beneficiary’| PLR 201633025 (click above to read article)
The IRS has provided a voluntary correction program (VCP) Submission Kit for plan sponsors who failed to adopt a new Pre-Approved Defined Contribution Plan by
The Department of Treasury and Internal Revenue Service (Service) invite public comment on recommendations for items that should be included on the 2016-2017 Priority Guidance
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