IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS Extends 409A Compliance Deadline
By Staff WriterThe Internal Revenue Service has pushed back the date when employers must comply with the new Section 409A deferred compensation plan regulations.The IRS will be ...
September 27, 2007
IRS Cancels VA RulingThe Internal Revenue Service has decided to rescind recent advice it gave concerning variable annuity separate account reserve accounting.The IRS is suspending IRS Revenue Ruling ...
September 26, 2007
IRS Cancels VA RulingThe Internal Revenue Service has decided to rescind recent advice it gave concerning variable annuity separate account reserve accounting.The IRS is suspending IRS Revenue Ruling ...
September 20, 2007
IRS Temporarily Stops Taking Letters About Minor Plan ChangesThe Internal Revenue Service will suspend one type of determination letter program while it prepares to receive a wave of defined contribution plan restatements.The IRS ...
September 13, 2007
IRS Creates COLI Safe Harbor For InsurersThe Internal Revenue Service has come out with guidelines to help insurers apply insurance company proration rules to corporate-owned life insurance.The guidelines, given in IRS ...
September 12, 2007
IRS Creates COLI Safe Harbor For InsurersThe Internal Revenue Service has come out with guidelines to help insurers apply insurance company proration rules to corporate-owned life insurance.The guidelines, given in IRS ...
September 11, 2007
IRS Postpones Nonqualified Plan Document ComplianceThe Internal Revenue Service will be giving employers and individuals until Dec. 31, 2008, to comply with new document rules related to Section 409A of ...
August 21, 2007
IRS Weighs In On Death Benefit Guarantee ReservesWhen variable annuity contract tax reserves are greater than the net surrender value and less than the statutory reserves, life insurers should use the tax ...