On November 2, 2017, House Republicans released their highly anticipated tax reform proposal formally named the Tax Cuts and Jobs Act (the "Act"). The Act must be approved by both the House and the Senate and signed by the...more
11/8/2017
/ Adoption ,
Compensation & Benefits ,
Defined Contribution Plans ,
Dependent Care Assistance Program (DCAP) ,
Distribution Rules ,
Employee Benefits ,
Excise Tax ,
Executive Compensation ,
Hardship Distributions ,
Individual Retirement Account (IRA) ,
IRA Rollovers ,
Medical Expenses ,
Pensions ,
Repeal ,
Roth IRA ,
Tax Credits ,
Tax Deductions ,
Tax Exempt Entities ,
Tax Reform ,
Trump Administration
Given the subject matter involved, this Alert is very technical and specialized. If your company offers both an active pension plan and a 401(k) or profit sharing plan and performs the general test to satisfy the...more
The IRS has recently issued three new, less expensive safe harbor procedures for correcting missed elective deferrals. These new procedures require either no employer corrective contribution to make up the missed elective...more