To embed, copy and paste the code into your website or blog:
On July 16, 2021, the IRS issued Revenue Procedure 2021-30, an updated version of the Employee Plans Compliance Resolution System (“EPCRS”). Retirement plan sponsors may use EPCRS to correct certain compliance mistakes, and avoid the adverse tax consequences associated with plan disqualification.
We have provided a summary of the changes below.
Modification to Existing Overpayment Correction Method
. The new guidance modifies the existing overpayment correction method to allow overpayment recipients to be given a choice as to whether to repay an overpayment in a lump sum, through an installment agreement or through future reductions in benefit payments.
Groom Expands Its Deep Team With Addition of Principal Elizabeth Drake prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Nachrichtenquelle: globenewswire | 23.06.2021, 01:00 | 101 | 0 BURLINGAME, Calif., June 22, 2021 (GLOBE NEWSWIRE) AeroCentury Corp. (“AeroCentury” or the “Company”) (NYSE American: ACY), announced today that the Company and its two U.S. subsidiaries (collectively the “Debtors”) have filed with the Delaware Bankruptcy Court a proposed combined Plan of Reorganization and Disclosure Statement (the “Plan/Disclosure Document”) with respect to its proposed plan to exit Chapter 11 bankruptcy protection (“Plan”). The proposed plan was filed in connection with the Company’s motion to approve a Solicitation Procedures Order, which, among other things, requests that the Court conditionally approve the combined Plan/Disclosure Document for solicitation purposes only and authorize the Debtors to solicit votes to accept or reject the
Access to $100 million in DIP Financing to Support Operations Operations Will Continue Uninterrupted and in the Ordinary Course During Restructuring Vendors .
Washington Prime Group Files Chapter 11, Secures $100MM DIP Financing - News abladvisor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abladvisor.com Daily Mail and Mail on Sunday newspapers.