The Investment Company Institute and Nareit submitted the attached letter to the Internal Revenue Service (IRS) requesting a delay to the mandatory use of the new boxes (2e and 2f) on IRS Form 1099-DIV to report section 897 gain attributable to US real property interests (USRPIs).
On September 14, 2021, the federal agencies with authority over employer-sponsored benefit plans—the Department of Labor (DOL), Internal Revenue Service (IRS), and Pension Benefit Guaranty Corporation (PBGC)—jointly released proposed revisions to the Form 5500 Annual Return/Report...
The next Bank, Trust and Retirement Advisory Committee (BTRAC) meeting will take place on Wednesday, October 6 through Thursday, October 7, 2021. The meeting will be held in four virtual sessions and a virtual networking event.
