The IRS is proposing to amend hardship distribution regulations to reflect changes in the law. In particular, the proposed regulations would reflect changes in the Bipartisan Budget Act of 2018 (P.L. 115-123), and the Tax Cuts and Jobs Act (P.L. 115-97). The IRS is also proposing housekeeping changes to reflect older legislation. Deemed Immediate and […]
The post IRS Proposes Updates to Hardship Distribution Regulations (NPRM REG-107813-18) appeared first on Tax & Accounting Blog.