IRS Guidance

Industry & Regulatory News

IRS Announces Deadline Relief for Saint Regis Mohawk Tribe Severe Storms and Flooding

The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms and flooding in the Saint Regis Mohawk Tribe until February 3, 2025.

November 12 2024

Industry & Regulatory News

IRS Announces Deadline Relief for Havasupai Tribe in Arizona Flooding

The IRS has announced the postponement of certain tax-related deadlines for victims of flooding in the Havasupai Tribe in Arizona until February 3, 2025.

November 07 2024

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Florida Hurricane Milton

The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on November 5, 2024, for Seminole Tribe of Florida Hurricane Milton, for the incident period of October 5 and continuing. 

November 06 2024

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available in New Mexico and South Dakota

The Federal Emergency Management Agency (FEMA) issued Major Disaster Declarations on November 1, 2024, for the following locations:

November 04 2024

Industry & Regulatory News

IRS Announces Deadline Relief for Alaska Flooding

The IRS has announced the postponement of certain tax-related deadlines for victims of flooding in Alaska until May 1, 2025. The tax relief postpones various tax filing deadlines that began on August 5, 2024.

November 01 2024

Industry & Regulatory News

IRS Releases 2025 Cost-of-Living Adjusted Retirement Savings Limitations

The IRS has issued Notice 2024-80, which contains the 2025 cost-of-living increases for qualified retirement plan dollar limitations on benefits and contributions under the Internal Revenue Code (IRC).

November 01 2024

Industry & Regulatory News

Washington Pulse: IRS Releases Guidance for LTPT Employees of ERISA 403(b) Plans

The Internal Revenue Service (IRS) recently issued Notice 2024-73, providing guidance regarding the participation of long-term, part-time (LTPT) employees in 403(b) plans subject to Title I of the Employee Retirement Income Security Act (ERISA).

October 31 2024

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Virgin Islands Tropical Storm Ernesto

The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on October 25, 2024, for Virgin Islands Tropical Storm Ernesto, for the incident period of August 13 – August 16, 2024. 

October 28 2024

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available in Nebraska and New York

The Federal Emergency Management Agency (FEMA) issued Major Disaster Declarations on October 21, 2024, for the following locations:

October 22 2024

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for North Carolina Potential Tropical Cyclone Eight

The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on October 19, 2024, for North Carolina Potential Tropical Cyclone Eight, for the incident period of September 16, 2024 – September 20, 2024.

October 21 2024