Employee Benefits


EMPLOYEE BENEFITS

The IRS issues final regulations related to the “minimum cost” requirement under IRC section 420, which governs the transfer of excess defined benefit pension plan assets to a retiree health account. The new rules, which apply to transfers occurring on or after December 18, 1999, have an effective date of June 19, 2001 ( ftp.fedworld.gov/pub/irs-regs/td8948.pdf ).

SPONSORED REPORT

Solving the lease accounting challenge

The challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.

FEATURE

Tackling TCJA changes this tax season

Return preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.