Featured Jobs
|
Retirement Plan Administrator - Plan Terminations Compass
|
|
Daybright Financial
|
|
Senior Internal Sales Consultant EPIC RPS
|
|
Retirement Plan Administration Consultant Blue Ridge Associates
|
|
BPAS
|
|
ESOP Administration Consultant Blue Ridge Associates
|
|
DWC - The 401(k) Experts
|
|
Conversion & Installation Manager ERISA Services, Inc.
|
|
TPA Retirement Plan Relationship Manager ERISA Services Inc.
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
|
Text of IRS Proposed Regs: Determination of Line of Business for Purposes of No-Additional-Cost Service and Qualified Employee Discount Fringe Benefits
Internal Revenue Service [IRS]
[Official Guidance] Aug. 5, 2025 18 pages. "These proposed regulations would replace a business classification system that has not been updated since 1974 with a much more current classification system that is updated every five years. Under these proposed regulations, the application of the no-additional-cost benefit and employee discount exclusions from employee income under section 132(a)(1) and [2] would be determined under a classification system that more accurately reflects current economic activity than the system used under the existing regulations, thereby reducing burden in applying the exclusions from income under section 132(a)(1) and (2)." MORE >> |
| 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 linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |