IRS Intends to Issue Guidance on Certain NFTs as Collectibles
The IRS has issued Notice 2023-27, announcing their intent to issue guidance related to the treatment of certain nonfungible tokens (NFTs) as collectibles under Internal Revenue Code Section (IRC Sec.) 408(m).
Biden Vetoes Resolution Disapproving DOL ESG Rule
As expected, President Biden has vetoed H.J. 30, a resolution for congressional disapproval of the Department of Labor’s rule “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights.”
FuturePlan by Ascensus Appoints Jeff Cricenti as Sales Divisional Vice President
Experienced Sales Leader Will Oversee Organization's North/West Region
Top 10 Questions Advisors Ask About Cash Balance Plans
With taxes on the rise, high earners are searching for ways to reduce tax liability while accelerating retirement savings.
Deadline Relief for California Severe Storms
The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms, flooding, and landslides in California.
Hardship Distributions May Be Permitted for New Hampshire Severe Storm
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on March 15, 2023, for severe winter storm and flooding in New Hampshire.
Hardship Distributions May Be Permitted for New York Severe Winter Storm
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on March 15, 2023, for severe winter storm and snowstorm in New York.
SEC Proposes Additional Requirements to Protect Consumer Financial Information
The SEC has proposed additional requirements for broker-dealers, investment companies, registered investment advisers and transfer agents.
IRS Announces Applicable Federal Rates for April 2023
The IRS has issued Revenue Ruling 2023-06, which contains the applicable federal rates (AFR) for April 2023.
SEC Releases Cybersecurity Proposed Rule
The Securities and Exchange Commission (SEC) has issued a proposed rule to address cybersecurity risks.
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