Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Pension Consultant

Randall & Hurley, Inc.
(Remote / Liberty Lake WA / Helena MT)

Randall & Hurley, Inc. logo

Client Service Specialist

EPIC Retirement Plan Services
(Remote / Norwich NY)

EPIC Retirement Plan Services logo

Retirement Plan Administrator - Senior Associate

PBMares
(Norfolk VA)

PBMares logo

Plan Compliance Analyst (Administrator)

RPA
(Remote)

RPA logo

Retirement Plan Administrator

Excellent TPA
(Remote)

Education Consultant

Pentegra
(Remote / Putnam Valley NY)

Pentegra logo

Senior Defined Benefits Consultant

Loren D. Stark Company
(Remote)

Loren D. Stark Company logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>



IRS Proposes Eliminating Requirement That Section 83(b) Elections Be Filed with Federal Income Tax Returns
Morgan LewisLink to more items from this source
[Guidance Overview]
Oct. 6, 2015

"The IRS makes a notable observation in the preamble to the proposed regulations about the service provider's obligation to maintain documents, stating that taxpayers have a duty to maintain sufficient documents to establish the tax basis in property, and that this duty extends until the expiration of the period of limitations following the date of the disposition of the property (i.e., the taxable disposition of the property subject to the 83(b) election, which could occur years after the date of the 83(b) election itself). Current recordkeeping practice may not correspond to the IRS' view."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022 BenefitsLink.com, Inc.