The Internal Revenue Service has released Revenue Procedure 2024-32.
The Federal Emergency Management Agency issued a Major Disaster Declaration on July 23, 2024, for Oklahoma severe storms.
The Federal Emergency Management Agency issued a Major Disaster Declaration on July 23, 2024, for Kentucky severe storms, straight-line-winds, tornadoes, landslides and mudslides.
The Federal Emergency Management Agency issued a Major Disaster Declaration on July 23, 2024, for Missouri severe storms, straight-line-winds, tornadoes and flooding.
The Federal Emergency Management Agency issued a Major Disaster Declaration on July 23, 2024, for Puerto Rico severe storms, flooding, landslides and mudslides.
The IRS has announced the postponement of certain tax-related deadlines for victims of hurricane Beryl in Texas.
The Internal Revenue Service has issued Notice 2024-59, which contains updated guidance on factors used in certain defined benefit pension plan minimum funding and present value calculations.
The Department of Labor has launched an online filing system for termination administrators to be able to submit required information for abandoned plans to DOL.
The Federal Emergency Management Agency issued a Major Disaster Declaration on July 18, 2024, for Montana severe winter storm and flooding.
The Internal Revenue Service has released final regulations that revise existing regulations applicable to RMDs, eligible rollover distributions, and excess accumulation tax.