Employee Benefits Blog

Posts tagged Safe harbor

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A Win for Rental Real Estate – Section 199A Deduction Safe Harbor

(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.

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Making Matching Contributions to a Section 401(a) Plan

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.

Posted Under: 403(b) plans, DOL, ERISA, Safe harbor