On February 28, 2020, the Internal Revenue Service (IRS) released private letter ruling 202009002 (the PLR), which concluded that an absence of income does not, under the facts of the PLR ...

The Internal Revenue Service (IRS) has taken the position that employers may incorporate health savings accounts (HSAs) and student loan payments among the allocation options for employer ...

Under a new private letter ruling released publicly on August 17, 2018, the Internal Revenue Service signals its willingness to possibly allow companies to make matching contributions to the ...

The IRS said it intends to follow these proposed regulations when it issues private letter rulings about certain corporate separations. The Service also plans to update Rev. Proc. 2024-24 to ...

The IRS has published a private letter ruling on Treasury Regulations 301.7701 and 301.9100, granting the taxpayers an extension of time to file an election to be classified as partnerships ...