X
25Dec

New IRS Guidance for Tax-Exempt Entities Funding Employee Benefits

The IRS recently released a final regulation clarifying how voluntary employees’ beneficiary associations (VEBAs) and supplemental unemployment benefit trusts (SUBs) should calculate unrelated business taxable income. VEBAs and SUBs are tax-exempt...
By: Proskauer - Employee Benefits & Executive
Source Url: https://www.jdsupra.com/legalnews/new-irs-guidance-for-tax-exempt-61528/

Related

Court Orders Waikiki Sports Bar to Pay Over $250,000 for Sexual Harassment

Owner of Snappers Sports Bar and Grill Created Sexually Charged Environment, Forcing Employees to Qu...

Read More >

Replacing the Clean Water Rule – Is the Dance Really Over?

On April 21, 2020, the United States Environmental Protection Agency ("EPA") and Army Corps of Engin...

Read More >

CFIUS-UK? UK Government Announces New Foreign Investment Measures

On 11 November 2020, the UK Government announced its long-awaited and far-reaching proposed reforms ...

Read More >

Employee Permitted Recovery Under Employer’s Motor Vehicle Insurance Policy

The Fourth Circuit Court of Appeals in United Financial Casualty Company v. Ball vacated a judgment ...

Read More >

Key Trends from a Summer of Non-compete Reform

The start of September means that summer is unofficially over. However, the end of beach season also...

Read More >

Utah Affirms Again – Implied Covenants, Even Good Faith and Fair Dealing, Do Not Trump Express Covenants

On October 29, 2019, the Utah Supreme Court issued a rare decision reversing the Utah Court of Appea...

Read More >