IRS Rejects 60-Day Rollover Waiver Request

By Ascensus December 12, 2005

December 12, 2005 – The IRS, in Private Letter Ruling (PLR) 200549017, has rejected a taxpayer’s request to allow a distribution from a qualified retirement…

IRS Grants Relief for Kentucky Tornado Victims

By Ascensus December 9, 2005

December 9, 2005 – The IRS issued news release IND-2006-07 describing relief from deadlines for certain taxpayers affected by November 15, 2005, tornadoes that struck…

IRS Posts 2006 Withholding Form W-4P

By Ascensus December 9, 2005

December 8, 2005 –The IRS has released the 2006 Form W-4P, Withholding Certificate for Pension or Annuity Payments. This form is used to record recipient…

Interim Amendment Guidance for Qualified Plans

By Ascensus December 2, 2005

December 2, 2005 – The IRS is releasing Notice 2005-95, which provides guidance on interim amending of qualified retirement plans for plan provisions such as…

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