March 2007 Interest Rates

By Ascensus February 22, 2007

February 21, 2007 – The IRS has released the applicable federal interest rates for March 2007 as posted in Revenue Ruling 2007-15. These rates are…

Updated MSA Form 8851 Issued by IRS

By Ascensus February 22, 2007

February 21, 2007 – The IRS has issued a February 2007 Form 8851, Summary of Archer MSAs.  This form is filed by financial organizations that…

DOL Guidance for Terminated, Abandoned Plans

By Ascensus February 21, 2007

February 20, 2007 – The Department of Labor’s Employee Benefits Security Administration (EBSA) has issued amended final regulations and an accompanying amended prohibited transaction exemption…

IRS Issues 2006 Education Savings Publication

By Ascensus February 14, 2007

February 13, 2007 – The IRS has issued the 2006 Publication 970, Tax Benefits for Education. This publication contains general information on various education tax…

IRS Posts 2006 Hurricane Relief Form

By Ascensus February 14, 2007

February 12, 2007 – The IRS has issued 2006 tax year Form 8915, Qualified Hurricane Retirement Plan Distributions and Repayments. The form is used by…

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