IRS, DOL Cite New Guidance Forthcoming

By Ascensus June 26, 2007

June 26, 2007 – An IRS representative, speaking at a conference of the Society of Professional Administrators and Recordkeepers (SPARK) in Washington, D.C., told an…

New IRS Guidance on Partial Plan Terminations

By Ascensus June 26, 2007

June 26, 2007 – The IRS has issued Revenue Ruling (Rev. Rul.) 2007-43 providing guidance on circumstances in which a retirement plan will be deemed…

Seven Connecticut Counties Added to Storm Relief

By Ascensus June 25, 2007

June 25, 2007 – The IRS has added seven Connecticut counties to tax deadline relief initially issued in April for several Northeastern states whose residents…

Tax Relief for Missouri Counties Hit by Storms

By Ascensus June 25, 2007

June 25, 2007 – The IRS has issued news release KS-MO-2007-36 granting tax-related deadline relief following storms and flooding that occurred in certain Missouri counties…

July 2007 Interest Rates

By Ascensus June 18, 2007

June 18, 2007  – The IRS has released the applicable federal interest rates for July 2007 as posted in Revenue Ruling 2007-44. These rates are…

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