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IRS Announces Deadline Relief for Taxpayers Impacted by Nebraska Wildfires

The Internal Revenue Service (IRS) has announced the postponement of certain tax-related deadlines for individuals and businesses in Nebraska affected by wildfires that began on March 12, 2026, and April 22, 2026.
Defined benefit plan Defined contribution plan IRA IRS

IRS Announces Applicable Federal Rates for September

The Internal Revenue Service (IRS) has issued Revenue Ruling 2026-17 which contains the applicable federal rates (AFR) for September 2026.
Defined benefit plan Defined contribution plan IRA IRS

Treasury Provides Investment Guidance on Trump Accounts

The Department of Treasury and Internal Revenue Service (IRS) have released a proposed rule governing eligible investments for Trump accounts.
IRA IRS IRS Guidance

IRS Proposes Changes to DB Minimum Funding Rules

The Internal Revenue Service (IRS) has released proposed rule, Determination of Target Normal Cost and Funding Target for Single-Employer Defined Benefit Plans.
Defined benefit plan IRS

IRS Issues Rollover Guidance Under SECURE 2.0

The Internal Revenue Service (IRS) has issued Notice 2026-49, providing rollover guidance in accordance with section 324 of SECURE 2.0. Section 324 directed the Treasury and IRS to develop and issue guidance to simplify, standardize, and expedite rollovers to eligible retirement plans and trustee‑to‑trustee transfers from IRAs.
Defined benefit plan Defined contribution plan IRA IRS IRS Guidance

Trump Account Employer Contribution Guidance Released

A proposed rule by the Department of Treasury and IRS addressing Trump account employer contributions and associated nondiscrimination testing requirements has been released. One of the features of Trump accounts passed into law last year under the One Big Beautiful Bill Act, is the ability for employers to make Section 125 employer contributions up to $2,500 (indexed) to a Trump account established for an employee or their dependent, under a separate written plan of the employer.
IRA IRS Guidance IRS

IRS Announces Deadline Relief for Taxpayers Impacted by Mississippi Storms

The Internal Revenue Service (IRS) has announced the postponement of certain tax-related deadlines for individuals and businesses in Mississippi affected by Tropical Storm Arthur that began on June 18, 2026.
Defined benefit plan Defined contribution plan HSA IRA IRS

IRS Announces Deadline Relief for Taxpayers Impacted by West Virginia Storms

The Internal Revenue Service (IRS) has announced the postponement of certain tax-related deadlines for individuals and businesses in Lewis and Upshur counties in West Virginia that were affected by severe storms, straight-line winds, tornadoes, flooding, landslides and mudslides that began on July 21, 2026.
Defined benefit plan Defined contribution plan HSA IRA IRS IRS Guidance

IRS Releases Draft Form 5329

The Internal Revenue Service (IRS) has posted 2026 draft Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts. In addition to qualified retirement plans and individual retirement arrangements (IRAs), this form is used to report excise taxes applicable to 529 plans, Coverdell education savings accounts (ESAs), health savings accounts (HSAs), Archer medical savings accounts (MSAs), and Achieving a Better Life Experience (ABLE) accounts.
Defined contribution plan HSA IRA IRS