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IRS Issues FBAR Filing Relief, But Certain Filing Obligations Remain
- The IRS has recently issued several pieces of guidance related to the filing of the Report of Foreign Bank and Financial Accounts, IRS Form TD F 90-22.1 (“FBAR”), by pension plan sponsors....
Court Issues Ruling In Firefighter Applicant Disparate Impact Case
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U.S. Supreme Court ruled in a case brought by a group of African-American
firefighter applicants who alleged that the city of...
Spotlight on Health Care Reform: Age 26 Requirements
- The health care reform package enacted earlier this year contains a number
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on their implementation over the coming months. The...
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IRS Issues FBAR Filing Relief, But Certain Filing Obligations Remain
June 22, 2010
June 22, 2010
The IRS has recently issued several pieces of guidance related to the filing of the Report of Foreign Bank and Financial Accounts, IRS Form TD F 90-22.1 (“FBAR”), by pension plan sponsors. While the IRS has relieved some of the filing obligations, most notably the requirement for plans to file for foreign hedge fund investments for 2009 and prior years, certain filing obligations remain.
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