Internal Revenue Service (IRS) determination letter program that will be used for tax-qualified retirement plans. It looks into the five-year system used in assigning each individually designed retirement plan based upon the last digit of the sponsor's employer identification number (EIN). It ...
Understanding the IRS Letter of Determination is crucial because it can significantly impact a taxpayer’s financial situation. This document may determine their tax-exempt status, charitable contributions, or eligibility for various tax benefits. Therefore, being well-informed about IRS Letters of Determ...
IRS Modifies Determination Letter Process for Governmental PlansDavid N. Levine
Since the beginning of the year, sponsors of individually designed retirement plans generally have no longer been able to receive a periodic official regulatory compliance seal of approval from the IRS in the form of a routine determination letter.
Note that if you werecurrent with your child support payments at the time of the stimulus eligibility determination (end of March) but fell behind afterwards due to a COVID-19 related job loss, you would still be eligible to get the full stimulus payment. ...
Revenue Procedure 2016-37, released June 29, 2016, curtails the IRS determination letter program with respect to individually designed qualified pension,
IRS Revised Its Qualified Plans Correction Program to Address the Determination Letter Progra ChangesElizabeth Thomas Dold
Eric Paley
IRS Moves Forward with Plan to Change the Determination Letter ProcessKarrie Johnson Diaz
nefit Plan Sponsors IRS Eliminates Determination Letter Expiration Dates for Employee Benefit Plan SponsorsIRS Eliminates Determination Letter Expiration Dates for Employee Benefit Plan SponsorsSusan Bernstein