X
13Sep

IRS offers guidance on uncashed checks, but not really

Ary Rosenbaum | | Return|
In a recent revenue ruling, the IRS stated that if a participant or a beneficiary doesn’t cash a distribution check in the year it was issued, the individual still must include the amount in gross income for that year.......
By: Ary Rosenbaum
Source Url: https://www.jdsupra.com/legalnews/irs-offers-guidance-on-uncashed-checks-82806/

Related

Force Majeure In Construction’s New World Of COVID-19

The government and market response to the COVID-19 pandemic is presenting novel and difficult legal ...

Read More >

Recent MFW-Related Developments in Delaware Courts

In 2014, the Delaware Supreme Court’s landmark Kahn v. M&F Worldwide Corp.1 (MFW) decision establis...

Read More >

Something New for Lenders to Think About: Divisions

The Delaware legislature has enacted a change to Delaware LLC law that enables a single LLC to divid...

Read More >

SEC Proposes Amendments to Financial Disclosures for Acquisitions and Dispositions

On May 3, 2019, the Securities and Exchange Commission (“SEC”) proposed amendments to the financia...

Read More >

Water Inflows in Deep Excavations in Karstified Rock - A Spotlight on Qatar

Since the dawn of mankind, underground structures, either natural or manmade, were part of life. Fro...

Read More >