IRS

Industry & Regulatory News

IRS Announces Deadline Relief for Wildfire in Washington

The IRS has announced the postponement of certain tax-related deadlines for victims of wildfires in Washington.

October 04 2024

Industry & Regulatory News

IRA and Employer Plan Disaster Relief

For years, Congress and the IRS have addressed natural disasters (and others) with largely piecemeal responses. For example, when a major hurricane struck, the President would declare a federal disaster, Congress would grant certain relief, and the IRS would implement the details, such as determining the timing of allowable distributions from retirement plans and extending filing deadlines.

October 03 2024

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Tennessee Tropical Storm Helene

The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on October 2, 2024, for Tennessee tropical storm Helene, for the incident period of September 26, 2024 and continuing.

October 03 2024

Industry & Regulatory News

IRS Announces Deadline Relief for Illinois Severe Storms

The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms, tornadoes, straight-line winds, and flooding in parts of Illinois.

October 02 2024

Industry & Regulatory News

IRS Announces Deadline Relief for Hurricane Helene in Multiple States

The IRS has announced the postponement of certain tax-related deadlines for victims of Hurricane Helene until May 1, 2025.

October 02 2024

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Tropical Storm Helene in Virginia

The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on October 1, 2024, for Virginia Tropical Storm Helene, for the incident period of September 25, 2024 and continuing.

October 02 2024

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Hurricane Helene in Georgia

The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on September 30, 2024 for Georgia Hurricane Helene, for the incident period of September 24, 2024 and continuing.

October 01 2024

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Hurricane Helene

The Federal Emergency Management Agency (FEMA) has issued Major Disaster Declarations on the following dates:

September 30 2024

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Vermont Severe Storms

The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on September 26, 2024, for Vermont Severe Storms, Flooding, Landslides, and Mudslides, for the incident period of July 29 – July 31, 2024.

September 27 2024

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Georgia, Nebraska, Washington, Kansas, and New York

The Federal Emergency Management Agency (FEMA) issued Major Disaster Declarations on September 24, 2024, for the following locations:

September 25 2024