Compliance with the numerous legislative and regulatory rules governing employee benefit plans is the cornerstone of the practices at Trucker Huss. Our experience and expertise in reviewing and understanding these rules allows us to offer the highest quality counseling to our clients.
Our attorneys frequently interact with the IRS and DOL on public policy issues that may impact our clients, including submitting comments in connection with regulatory proposals and participating in leadership roles in groups like the NCCMP and ABA Joint Committee on Employee Benefits that can help influence the legislative and regulatory landscape.
Receiving notice of an IRS audit or DOL investigations concerning an employee benefit plan (including retirement, executive compensation, and health and welfare plans) or notice of an PBGC audit concerning plan termination or insurance premiums can be daunting. In these situations, we serve as employee benefits counselors to our clients. Legal activities and support include:
- Facilitating and supporting clients during IRS, DOL or PBGC audits
- Handling all correspondence, phone calls and contact with the IRS, DOL or PBGC
- Drafting written responses to legal issues raised by the IRS, DOL or PBGC
- Negotiating closing agreements or other resolutions of the audit or investigation
If you'd like to know more
- IRS Releases Rev. Proc. 2014-61 Addressing FSA and Transportation Benefit Limits for 2015
SONYA M. GORDON, October 2014 — On October 30, the Internal Revenue Service (“IRS”) released its annual inflation adjustment guidance for over 40 federal tax provisions, including annual contribution limits for tax-qualified health flexible spending arrangements (“Health FSAs”) and monthly limits for qualified transportation benefits. These and the other tax adjustment limits were covered in […]READ MORE
- Safe Harbor 401(k) Plans: Additional Windsor Implementation Guidance
On May 15, 2014, the Internal Revenue Service (“IRS”) issued Notice 2014-37, providing guidance concerning mid-year amendments to safe-harbor 401(k) and safe-harbor 401(m) plans reflecting the U.S. Supreme Court’s decision in United States v. Windsor, which invalidated Section 3 of the Defense of Marriage Act (“DOMA”). Notice 2014-37 follows the April release of Notice 2014-19, […]READ MORE
- New IRS Relief Allows Form 8955-SSA to be Filed Late through the Delinquent Filer Voluntary Compliance Program (DFVCP)
The Internal Revenue Service (the “IRS”) has provided relief to late annual report filers through Notice 2014-35, which allows the Form 8955-SSA, Annual Registration Statement Identifying Separated Participants With Deferred Vested Benefits, to be filed late without late filing penalties. Prior to the 2009 plan year, the information reported on Form 8955-SSA was filed with […]READ MORE