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Final 125 Regulations


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Guest krijowri
Posted

Has anyone heard whether or when the IRS plans to issue final regulations under 125? When the proposed regs came out last year, it was anticipated that final regs would be issued in 2008, but I haven't heard anything recently...

Posted

The regs have been in some form of temporary or proposed form since approx. 1980s, always with statement that final regs would soon follow. But we can hope.

Posted

I have neither seen nor heard anything about the new Proposed Treas Regs announced in August 2007. The comment deadline has passed and while there have been reports on a few comments submitted, things have really been quiet.

I do not know what the reason could be since if adopted it would be effective January 2009 which is not so far away.

I wonder if there is some pending legislation that would affect employer based health insurance. This would certainly impact section 125.

Then again we went through something similar in 1989.

I wonder? But what do we really know ?

George D. Burns

Cost Reduction Strategies

Burns and Associates, Inc

www.costreductionstrategies.com(under construction)

www.employeebenefitsstrategies.com(under construction)

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