IRS to Send New Letters
- Reporting higher education tuition payments. // Practical Accountant;Jan98, Vol. 31 Issue 1, p21
Presents information on the Notice 97-73 issued by the United States Internal Revenue Service regarding the payment of tuition and other related expenses with respect to the Hope Scholarship and the Lifetime Learning Credits. Examination of Section 6050S; Details on Section 6721 and 6722.
- IRS oversight of 403(b) plans soon to intensify. Friedman, Amy S. // National Underwriter / Life & Health Financial Services;7/11/94, Vol. 98 Issue 28, p9
Provides information on the plan by the Internal Revenue Service to increase oversight of 403(b) plans. Remarks by Robert Architect, quality control officer in the rulings branch of employee plans, technical and actuarial division; Concern for National Tax-Sheltered Annuity Association;...
- IRS Private Letter Ruling Finds Holder Of Variable Life Contract Is Owner of Hedge Fund Interest. // Insurance Advocate;12/9/2002, Vol. 113 Issue 46, p46
Focuses on the ruling issued by the U.S. Internal Revenue Service on life insurance contract holders. Requirements for insurance companies offering hedge funds as an investment choice; Inability of companies to wrap hedge fund interests in insurance products; Variety of businesses offered by...
- Low IRS figure on Medical Savings Account participants explained; cut off date too early to... // Insurance Advocate;09/06/97, Vol. 108 Issue 35, p29
Discusses the reasons behind the low enrollment in the US Internal Revenue Service's (IRS) Medical Savings Account (MSA) program. Explanations behind the low MSA turnout by Health Benefits Group and Golden Rule Insurance Co.; Cut off date for MSA enrollment; Projected marketing surge for MSAs;...
- IRS Calls for Lenient Spending Guidelines for Tax-Free ABLE Accounts. // ASHA Leader;Sep2015, Vol. 20 Issue 9, p16
The article looks at proposed rules for tax-free saving accounts for people with disabilities of the Internal Revenue Service in June 2015 and mentions topics such as the Achieving a Better Life Experience Act, determination of qualified disability expenses, and proposed oversight requirements.
- Education bill likely vetoed; IRS bill signing. Resnick, Amy B. // Bond Buyer;07/15/98, Vol. 325 Issue 30435, p6
Assesses the fate of two United States Congress' bills sent for approval to President Bill Clinton. President Clinton's promise to veto the education savings account bill; Signing of the Internal Revenue Service bill.
- Texas Plans To Back Education Bonds With School Fund. // Education Week;2/29/1984, Vol. 3 Issue 23, p2
The article reports on the plan of Texas education officials to seek for an approval from the Internal Revenue Service to back all public school bond issues with the state's $4-billion Permanent School Fund. Education officials have garnered wide support for using the education fund as...
- IRS to guide consumer-driven health plans. Gunsauley, Craig // Employee Benefit News;6/1/2002, Vol. 16 Issue 7, p1
Reports on the plan of the U.S. government to issue guidance on the use of employer-provided funds in high deductible health insurance plans as of June 2002. Information on the cafeteria plan regulations proposed by the U.S. Internal Revenue Service; Primary concern of government regulators.
- Common sense prevails in FSA rule. // Business Insurance;9/8/2003, Vol. 36 Issue 36, p8
The U.S. Internal Revenue Service (IRS) finally recognizes how illogical its policy toward reimbursement of certain over-the-counter medicines has been. But the change in policy on how flexible spending accounts treat reimbursement of nonprescription drugs is only part of needed reform of the...