IRS Extends Filing Deadline

Published March 25, 2020

The Treasury Department and the Internal Revenue Service has provided
special tax filing and payment relief to individuals and businesses in response
to the COVID-19 Outbreak, by extending the 2019 tax filing deadline from April
15, 2020 to July 15, 2020. Please see our bulletin below for more information:

Bulletin

IRS Announces New Pilot “Pre-Audit” Compliance Program for Retirement Plans

On June 3, 2022, the IRS announced a new pilot pre-examination compliance program for retirement plans beginning in June 2022. Under the new program, the IRS will send letters to plans advising them that they have been selected for an examination and will have a 90-day window to self-review the plan’s documentation and operation to […]

DOL Form T-1

Update: The OLMS will not seek to enforce the filing of the Form T-1 for one year from the original due date. Office of Labor-Management Standards (OLMS) published a final rule on May 30, 2019 establishing a Form T–1 Trust Annual Report which requires annual reporting by Form LM-2 filing labor organizations on financial information […]

American Rescue Plan Act - Information for Labor Unions and Benefit Funds

On March 11, 2021 the American Rescue Plan Act became law. It makes important changes to relief available for Labor Unions and Benefit Funds. Please see our bulletin for additional information. ARPA Bulletin