Regulation
Here’s How to Boost Tax Collection, Says Larry Summers
Increase IRS audits, which are shrinking. This would help narrow the budget deficit, ex-Treasury secretary contends.
Tag: IRS
IRS Issues Endowment Tax Regulations
Higher education foundations finally get guidance on 2017 excise tax.
Regulation
Senators Grill the Feds After Allowing Retirees to Receive Lump-Sum Benefits
Retirees sometimes left devoid of important information in buyout decision–making process, lawmakers argue.
IRS Proposes Regulations to Soften Endowment Tax Hit
Clarification of 1.4% excise tax could reduce amount paid by universities.
Ohio CEO Convicted of 401(k) Fraud
Attevo Inc.’s Charles Snyder allegedly used funds to support ‘lavish lifestyle.’
IRS Raises Pension Contribution Limits
Changes include increased contribution limits for 401(k), 403(b), and most 457 plans.
Risk
IRS’ Delay in Implementing Mortality Tables Affects Pension Decisions
Move means plan contributions, PBGC premiums may rise.