Employee Benefits Blog
Posts tagged Safe harbor
January 30, 2019
(An Explanation of IRS Notice 2019-07)
This month as final regulations were issued under Internal Revenue Code Section §199A, the IRS also issued a proposed revenue procedure that provides a “safe harbor” method of treating certain rental activity as a trade or business for purposes of §199A. Notice 2019-07 comes as a relief to many taxpayers who own real estate and were questioning whether they could benefit from the Section 199A deduction this tax season.
June 6, 2012
On May 25, 2012, the Department of Labor (DOL) issued Advisory Opinion 2012-02a, which discusses Section 403(b) plans that are linked to a Section 401(a) plans in that, when an employee makes salary deferrals into the Section 403(b) plan, the employer makes a matching contributions into a Section 401(a) plan.