IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS Consolidates Accounting Change Guidance
By Staff WriterThe Internal Revenue Service has come out with a 325-page guide to getting automatic consent for accounting method changes.
January 03, 2011
IRS Frees 5500 Preparers from ID MandateThe Internal Revenue Service has exempted benefit plan administrators that help prepare benefit plan Form 5500 from the new IRS Preparer Tax Identification Number requirements.
January 01, 2011
IRS Issues Guidance on In-Plan Roth RolloversIn late November, the law firm Sutherland Asbill & Brennan alerted us to the following: The IRS issued Notice 2010-84, providing guidance regarding in-plan Roth rollovers.
December 30, 2010
PPACA: IRS Changes Rules for BluesThe Internal Revenue Service has given nonprofit Blue Cross and Blue Shield plans that violate a new medical loss ratio requirements a mechanism to stay in compliance with tax accounting rules.
December 30, 2010
PPACA: IRS Changes Rules for BluesThe Internal Revenue Service has given nonprofit Blue Cross and Blue Shield plans that violate a new medical loss ratio requirements a mechanism to stay in compliance with tax accounting rules.
December 28, 2010
PPACA: IRS Interprets "Excess Comp" RulesThe Internal Revenue Service is starting to weigh in on which health insurance company bosses are subject to the new "excess compensation" tax rules.
December 28, 2010
PPACA: IRS Interprets "Excess Comp" RulesThe Internal Revenue Service is starting to weigh in on which health insurance company bosses are subject to the new "excess compensation" tax rules.
December 28, 2010
IRS Eases FSA Debit Card RulesPersonal health account debit card users can still use the cards to buy doctor-prescribed over-the-counter drugs at a wide range of stores after Jan. 15, 2011, the Internal Revenue Service says.