Newsletters

All Newsletter Articles

  • COMPLIANCE ALERT October 5, 2018 Upcoming compliance deadlines: 10/1     First day to distribute qualified default investment alternative (QDIA), safe harbor, and automatic contribution arrangement annual notices to plan participants (no earlier than today) 10/1     Deadline for establishing a ...
  • New IRS Preapproved Plan Regime Takes Effect October 5, 2018 Last year, in Revenue Procedure 2017-41, the IRS announced a new regulatory regime for defined contribution plans. The regime was issued, according to the agency, “to expand the Provider ...
  • Investing in HSAs for Long-Term Retirement Goals October 5, 2018 Retirement plans are about saving for the cost of living in ― retirement. And typically one significant expense for retirees is medical bills. Actuaries at Fidelity Investments estimate that a ...
  • Investment Option Overload? October 5, 2018 A cautionary tale from Yale University   When it comes to defined contribution plan investment options, giving participants an abundance of choices can backfire. Yale University recently dodged a bullet in this ...
  • Why Target Date Fund Oversight Matters October 5, 2018 Money management giant Vanguard began tracking the popularity of funds with professionally managed allocations — primarily target date funds (TDFs) — in 2003. Over the years, the organization has reported ...
  • Appeals Court Reverses Tax Court Transfer Pricing Ruling September 25, 2018 The Court of Appeals for the Eighth Circuit vacated the U.S. Tax Court decision in a long-running and closely watched transfer pricing case involving Medtronic and its Puerto Rico subsidiary. The appeals ...
  • Federal Claims Court Rules FBAR Willful Failure Reg is Invalid September 25, 2018 Coming to the opposite conclusion reached by two district courts, the U.S. Court of Federal Claims has held that a reg is invalid if it doesn’t reflect a statutory increase ...
  • IRS Explains Intermediaries’ Obligations Related to Foreign Tax-Free Savings Accounts September 25, 2018 The IRS has revised its frequently asked questions (FAQs) on Qualified Intermediaries (QIs), Withholding Foreign Partnerships (WPs), and Withholding Foreign Trusts (WTs), in relation to the Foreign Account Tax Compliance ...
  • Have You Started Implementing the New Lease Standard? September 10, 2018 Large public companies that have already implemented the new lease standard are reporting that it takes much more legwork than they’d anticipated. The Financial Accounting Standards Board (FASB) recently approved ...
  • Reporting for Business Segments September 10, 2018 The Financial Accounting Standards Board (FASB) is looking for public companies to participate in its study about the prospects of improving the guidance for aggregating business segments and the reportable ...