DOL Offers 401(k) Fiduciaries a Safer Path to Alternative Assets
A proposed rule from the Department of Labor would let 401(k) fiduciaries offer alternative assets if they document a prudent process on key risks.
Tax Management Memo
Latest Tax Journals
IRS Proposes First Operational Rules for ‘Trump Accounts’
Treasury and IRS propose rules for “Trump accounts,” covering setup, authorization, and pilot contributions, with further guidance pending.
The New CAMT Does Not Meaningfully Alter Corporate Tax Outcomes
The new CAMT’s impact survey shows high compliance costs but little effect on corporate tax planning or revenue generation.
Are Recordkeeper Security Guarantees a Fiduciary Minefield?
Retirement plan recordkeeper security guarantees aren’t a safe harbor: ERISA plan sponsors and fiduciaries should carefully evaluate recordkeeper security guarantees in the context of their legal duties and obligations to plan participants.
DOL Proposes to Replace the 2024 Independent Contractor Rule
The DOL proposed a new rule to simplify independent contractor classification, reverting to a framework similar to the 2021 rule.
Who Won Gold with the Latest CAMT Guidance from Treasury?
Treasury issues new guidance addressing CAMT criticisms, offering relief on a number of issues plaguing CAMT taxpayers while final regulations are pending.
How Complex Is the New Corporate Alternative Minimum Tax?
CAMT imposes costly compliance burdens on many firms while raising little revenue.
Fuel Tax Refund Implementation Encounters Appropriation Hurdles
Section 6435’s fuel tax refund for downstream parties stalls due to appropriation limitations.
Courts Scrutinize ERISA Fiduciary Process: Are You Prepared?
Recent Supreme Court decisions emphasize that ERISA fiduciary prudence is determined by a well-documented decision-making process rather than just investment outcomes.
Can Soaring Tech Salaries Still Qualify for R&D Tax Credits?
Elite engineers’ soaring compensation packages are complicating R&D tax credit claims under IRC §41, requiring companies to enhance their audit readiness with more rigorous documentation of qualified research activities.
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