Employee benefits

New tax legislation is passing through Congress aimed at addressing several retirement issues.

The omnibus exposure draft addresses a variety of issues identified during the implementation and application of different pronouncements.

The Internal Revenue Service is allowing employers to truncate taxpayer identification numbers to protect employees from identity theft.

The Governmental Accounting Standards Board proposed new accounting and financial reporting guidance Friday on deferred compensation plans under Section 457 of the tax code.

For the accountant who is filing a Form 5500 for a self-employed individual, it may be the job of the accountant to report beneficiary information.

The day-off debate; SECURE’s flaw; IRS appeals mean a long wait; and other highlights from our favorite tax bloggers.

Not only would stretch IRAs be dead if the legislation were to pass in the Senate, but your clients’ profit-sharing plans could be next.

A short list of pointers for when students put down the diploma and pick up the tax return.

The Internal Revenue Service plans to end faxing of tax transcripts in June, and third-party mailing of tax returns and transcripts in July, to curb identity theft.

The Internal Revenue Service has issued the inflation-adjusted limits for health savings accounts for next year.