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Results: 11-20 of 36

Final rules on diversification requirements issued

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • July 30 2010

The IRS recently issued final regulations on the diversification requirements generally applicable to defined contribution plans that hold publicly traded employer securities

More health care reform FAQs issued

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • January 4 2011

Over the past several months DOL, HHS, and the IRS (collectively, the Agencies) have issued a series of frequently asked questions (FAQs) regarding the implementation of the Affordable Care Act

Reporting deadline for ISO or ESPP plans approaching

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • January 4 2011

Employers that have incentive stock option (ISO) plans under Internal Revenue Code 422 or employee stock purchase plans (ESPP) under Code 423 are subject to new tax reporting obligations for 2010

New relief under 409a correction programs

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • January 4 2011

The IRS recently issued new guidance for nonqualified deferred compensation plans, providing clarifications and additional relief for correcting inadvertent errors under 409A of the Internal Revenue Code (409A

Mandatory W-2 reporting of the cost of medical coverage delayed

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • October 29 2010

Under the PPACA, employers are required to report the cost of employer-sponsored health coverage on their employees' 2011 Forms W-2 (generally issued in early 2012

IRS issues important reminders for retirement plans

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • April 15 2011

The Internal Revenue Service (IRS) recently issued three reminders addressing the new submission period for determination letter and other rulings, fee changes, and certain corrections through the IRS's Voluntary Correction Program (VCP

IRS rules that transfer in connection with divorce does not trigger deferred gain for qualified replacement property

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • September 29 2010

Under Internal Revenue Code (IRC) 1042, an individual taxpayer can elect to defer gain on sale of employer securities to a company's employee stock ownership plan (ESOP) if qualified replacement property is timely acquired

IRS extends deadlines for adopting certain amendments

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • February 11 2011

In IRS Notice 2010-77, the Internal Revenue Service (IRS) extended the deadline for adopting certain amendments to defined benefit plans until the last day of the first plan year that begins on or after January 1, 2011

IRS provides guidance on funding relief rules

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • February 11 2011

The Preservation of Access to Care for Medicare Beneficiaries and Pension Act of 2010 provided much-requested funding relief for single and multiple employer defined benefit pension plans

Treasury, IRS seek public input and comment on health care reform shared responsibility provisions

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • July 29 2011

Under health care reform, employers with 50 or more full-time employees that do not offer affordable health coverage to their full-time employees may be required to make a shared responsibility payment