73 pages. Dec. 22, 2025. "What's New ... [1] Beginning in 2025, IRA references in these instructions follow a revised naming convention.... [2] Form 8915-F includes a new line 5a. This line directs taxpayers to add the amounts from column (a) of lines 2, 3, and 4, and enter on line 5a the portion of that sum not attributable to qualified disaster distributions."  MORE >>

"The 2026 Roth catch-up rules require coordinated action across plan documents, payroll systems, and recordkeeping platforms. Employers should confirm that payroll can identify HPPs based on prior-year FICA wages, ensure timely Roth elections, and implement appropriate correction procedures. Early planning and clear participant communication will be essential to minimizing operational risk and maintaining compliance."  MORE >>

"The [DOL] has asked for additional time to file an amicus brief in a forfeiture reallocation suit involving Honeywell International. It's a suit that the fiduciary defendants have already prevailed in their motion to dismiss -- twice -- most recently last July, and that time with prejudice.' [Barragan v. Honeywell Int"l, Inc., No. 24-4529 (D.N.J. Aug. 18, 2025; on appeal to 3d Cir. No. 25-2509)]  MORE >>

"11th Circ. hints at ERISA exhaustion rule repeal ... 2nd Circ. backs toss of NY tTeamsters' pension suit ... DOL drops 5th Circ. fiduciary rule appeals ... Wells Fargo escapes 401(k) forfeiture suit."  MORE >>

"A recordkeeper switch is not simply a checkbox for 'vendor change'. It is one of the highest-risk operational events in a plan lifecycle. Blackout periods must be communicated clearly, participant funds must be accurately transferred, and plan fiduciaries must vigilantly follow every step of the process. If you hand off everything to your provider, and then treat the transition like a lunch meeting that maybe one of your folks attended, you are creating systemic risk."  MORE >>

"Although the Court's analysis relied on statutes specifically applicable to municipal pension systems and the City's charter, the statutory frameworks governing other local systems -- including for counties and cities participating in CalPERS -- contain materially similar requirements supporting the broader applicability of the Court's reasoning." [City of San José v. Howard Jarvis Taxpayers Assoc., No. S285426 (Calif. Dec. 18, 2025)]  MORE >>

"[I]ndividuals and businesses in the State of Washington affected by severe storms, straight-line winds, flooding, landslides, and mudslides that began on Dec. 9, 2025 ... now have until May 1, 2026, to file various federal individual and business tax returns and make tax payments.... [I]ndividuals and households that reside or have a business in Benton, Chelan, Clallam, Grays Harbor, Jefferson, King, Kittitas, Lewis, Mason, Pierce, Samish, Skagit, Snohomish, Thurston, Wahkiakum, Whatcom, and Yakima counties qualify for tax relief."  MORE >>

"[1] Last chance to correct certain Section 409A document failures discovered in 2025.... [2] Nonqualified deferred compensation deferral elections should be made on or before December 31, 2025.... [3] Take certain action to address impact of Tax Cuts and Jobs Act on Section 162(m) of the Code.... [4] Review whether equity-based compensation plans have sufficient shares remaining for 2026 awards.... [5] Review director pay practices and consider separate annual limits on director equity awards.... [6] Review ISS 2026 benchmark policy voting policies for executive compensation matters:.... [7] Section 6039 of the Code information statements due by February 2, 2026.... [8] Continue to consider clawback disclosure issues.... [9] Consider electronic filings for future Section 83(b) elections."  MORE >>