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

Vermont Legislative Update 01-10-2020 - An analysis from DRM's Government & Public Affairs Team

News about severe financial difficulties at the Brattleboro Retreat quickly spread throughout the St...

Read More >

[Video] Accountability: the Heart of Compliance-Episode 1-The Far-Reaching Benefits of Accountability

Sam Silverstein and Tom Fox, hosts of the new offering from the Compliance Podcast Network, want to ...

Read More >

Arbitration Decisions Matter: The NLRB Reverts to Prior Standards on Deferral to Arbitration and Pre-Arbitration Settlements

Arbitration is a strongly favored federal policy and generally can be relied on to resolve even stat...

Read More >

IRS Memorandum a Reminder to Employers to Avoid a Tax Disaster by Keeping Copies of Signed Plan Documents

In a recent Chief Counsel General Advice Memorandum (“Memo”), the IRS provides a helpful reminder ...

Read More >

[Video] Compliance into the Weeds: Episode 160-Cardinal Health FCPA Enforcement Action

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance relat...

Read More >

Gig Economy’s 7-Point Plan For Managing The COVID-19 Coronavirus Outbreak

Given that the gig economy is a relatively recent phenomenon, the industry has not yet experienced s...

Read More >