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Key new limits for qualified plans in 2006 will include the following:

The IRS adjusts the limits for contributions to retirement plans for inflation each year, and its most recent release shows

The IRS announced on October 31, 2013, cost-of-living adjustments applicable to dollar limitations for pension plans and other items for 2014.

On May 10, 2002, the IRS issued Revenue Procedure 2002-38, in which it clarified that under Section 1378 of the Internal Revenue Code, an S corporation's taxable year must normally be its calendar year.

On December 31, 2012, the IRS released Revenue Procedure 2013-12 (PDF), which updates the Emplo

In Private Letter Ruling 200052023, the Internal Revenue Service (IRS) ruled on a merger between two ESOP companies. The target company was owned partly by an ESOP and an individual shareholder; the acquiring company was a 100% ESOP.

In PLR 200052014, the IRS ruled that owners of a company listed on the over-the-counter market can sell to their company ESOP and take Section 1042 rollover treatment on the sale because the over the counter market does not provide sufficient trading volume to make a stock readily tradable.

In General Legal Advice Memo 2019-03, the IRS ruled that payments from a company to a former employee under an ESOP price protection plan are

Within the next few weeks, the IRS will issue a revenue ruling indicating that trustees can vote shares for which ESOP participants do not provide directions.

The IRS is going to require ESOP companies to submit written distribution policies, whether in their plans or as separate documents, according to ESOP attorney Larry Goldberg.