Page 438 - Code Section News Today

Business owners frequently use nonqualified deferred compensation ("NQDC") plans to attract, retain and incentivize key employees. An NQDC plan, unlike a 401(k) plan or other qualified plan...

The Inflation Reduction Act of 2022 (the “IRA”) added and modified certain renewable energy tax credit provisions of the U.S. Internal Revenue Code of 1986, as amended (the “Code”),...

The Georgia General Assembly closed out the first half of its 2023 Legislative Session on Thursday, but veterans know well that it is not all downhill from here. Like a marathon, the...

Seyfarth Synopsis: In November 2022, the Internal Revenue Service (IRS) issued Revenue Procedure 2022-40, which made modifications impacting the remedial amendment period for both...

At a recent board meeting, some parents and district employees questioned why the expenditure — now under review by the Fair Political Practices Commission — was needed at all.

IRS urges taxpayers to delay filing taxes until the inflation relief checks issue gets sorted out

In November 2022, the Internal Revenue Service (IRS) issued Revenue Procedure 2022-40, which made modifications impacting the remedial amendment period for both individually-designed qualified...

Continuing with our series of posts about SECURE 2.0, some portions of the new law will significantly increase the flexibility of 401(k) plans to encourage more workers...

Employers that maintain overfunded pension plans and are looking for ways to fund retiree health and/or group term life should take a fresh look at Section 420...

Several states rolled out rebates and relief checks in 2022. Now, the IRS has to say whats taxable. Michigan is looking at its own checks in 2023.