12/3/2025 2:54:26 PM Salary Deferrals to Trump Accounts - Happy Days! By Elizabeth Dold The IRS issued initial guidance regarding how Trump accounts work. As a reminder, Trump accounts, created under the One Big Beautiful...
11/22/2025 11:00:36 PM IRS Resumes Normal Operations By Katie Amin The IRS has resumed normal operations following the conclusion of the government shutdown. The IRS has fully resumed processing:...
10/24/2025 7:08:05 PM A Better IRS Process for Correcting Math Errors Is On the Way By Lou Mazawey It is easy to make inadvertent math errors when filing tax returns. But these minor missteps could result in IRS adjustments and delayed...
10/6/2025 1:06:56 PM The Senate Votes to Advance EEOC Nominee Brittany Bull Panuccio By Viv Hunter Turner On Friday, the Senate voted to advance Republican nominee Brittany Bull Panuccio to fill one of three open EEOC Commissioner seats with a...
10/2/2025 3:28:40 PM There's Good News and Bad News in the Priority Guidance Plan from Treasury and IRS By Lou Mazawey Katie Amin Acting IRS Commissioner Scott Bessent and Assistant Treasury Secretary Ken Kies managed to release the 2025-26 Priority Guidance Plan,...
10/1/2025 7:05:34 PM The Department of Labor's Shutdown Plan By Viv Hunter Turner Last Friday, the Department of Labor ("DOL") released a plan for its operations in the event of a shutdown. The plan indicates that...
9/19/2025 2:50:17 PM Senate Confirms Aronowitz to Lead DOL's Employee Benefits Security Administration By Viv Hunter Turner In a 52-47 vote, the U.S. Senate confirmed Daniel Aronowitz as assistant secretary to oversee DOL's Employee Benefits Security...
9/16/2025 12:41:35 PM Final Catch-up Regulations Clarify No Double Dip on Super Catch-up and 110% Small Employer SIMPLE Plan/IRA Limit By Elizabeth Dold The final Treasury catch-up regulations published yesterday clarify that the 150% super catch-up limit for participants age 60–63 cannot...
9/8/2025 2:15:05 PM White House Releases Report on Trump Accounts By Michael Kreps The Council of Economic Advisors ("CEA") recently released a report discussing the new “Trump Accounts” created by the recent...
9/5/2025 2:10:11 PM H&W-Related Items on DOL's Regulatory Agenda By Katie Amin Final Regulations Air ambulance reporting - expected December 2025ERISA investment advice fiduciary - expected May 2026 Proposed...
8/28/2025 1:29:56 PM PR Treasury Provides Guidance on Impact of SECURE 2.0 Amendments By Rosie Zaklad SECURE 2.0, signed into law on December 29, 2022, contains over 90 provisions aimed at modernizing tax-qualified retirement plans. The...
8/25/2025 5:46:39 PM Restrictive IRS Position on Funding Post-Retirement Medical Benefits By Lou Mazawey The IRS National Office recently released a legal memorandum (No. 202534004) to a field office on a technical issue under IRS Code...