Blog

Mergers and acquisitions may trigger IRS Sections 280G & 4999, leading to costly tax impacts on companies and individuals making excess parachute payments.

Starting in 2025, the SECURE 2.0 Act changes 401(k) catch-up contributions. Some changes are optional, but others will be mandatory.

President Biden signed into law SECURE 2.0, an Act which implicates a variety of different legal fields, none more significantly than ERISA law. Under the Act, the law now allows talented employees with student loan debt to be compensated for their work through employer matching contributions to a retirement plan.

Retired and Rehired: The IRS had previously issued FAQs to explain the retirement plan rules of the CARES Act. The original guidance answered questions about expanded distribution options and favorable tax treatment for retirement distributions needed because of the impact of coronavirus.

With few exceptions, the premium costs paid by employees for group health benefits are paid with pre-tax dollars. In other words, the employee’s portion of healthcare premiums is taken out of the employee’s pay before the employer withholds taxes.

When information respecting a mortgage maturity date is missing from the documents on file with the county recorder’s office, the time a mortgagee can bring a foreclosure action on the mortgage can be greatly reduced.

On December 28, 2015, the IRS pushed back the date employers must distribute the Form 1095, which was originally due when the Form W-2 was due. Employers now have until March 31, 2016, to send 1095 forms to employees notifying them of their health care coverage for 2015.