New Procedure Helps People Making IRA and Retirement Plan Rollovers

A new self-certification procedure will help recipients of retirement plan distributions who inadvertently miss the 60-day time limit for properly rolling these amounts into another retirement plan or individual retirement arrangement (IRA).

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Employer Tax Withholding Responsibility – YouTube

Learn how to deposit withheld employee taxes to avoid a trust fund recovery penalty in this new YouTube video.

Watch this and other videos on the IRS YouTube Channel

Employer Tax Withholding Responsibility

 

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IRS Warns Taxpayers of Summer Surge in Automated Phone Scam Calls; Requests for Fake Tax Payments Using iTunes Gift Cards

The IRS warns tax professionals and taxpayers to stay vigilant against an increase in IRS impersonation scams. The scams come in the form of automated calls and demands for tax payments on iTunes and other gift cards.

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Solid Waste Management Facilities (Part 360), Proposed Regulations – NYS Dept. of Environmental Conservation

Comprehensive Revisions, Enhancements and Structure Changes

This proposed rulemaking is a comprehensive revision to existing regulations. The last comprehensive revisions to the regulations governing solid waste management in New York State occurred in 1993. In support of these regulatory changes a Draft Generic Environmental Impact Statement (DGEIS) [PDF] (292 KB) has been prepared. The revisions include technical amendments and clarifications, as well as updated criteria needed due to legal and policy developments.

The existing regulations for solid waste management facilities are currently found in Part 360. A component of this proposed rulemaking is to subdivide the solid waste management facility regulations into groups that are similar in nature, such as facilities that recycle and recover materials. Therefore, the current Part 360 criteria will be found in Parts 360, 361, 362, 363, 365, and 366. In addition to the solid waste management facilities and activities currently regulated under Part 360, this proposed rulemaking includes revisions to regulations governing waste transportation (Part 364) and state assistance grants to municipalities related to solid waste management (Part 369). This rulemaking will also incorporate minor amendments to Parts 621 and Parts 370-374.

Read more here…

Aug. 17 Webinar: Protect your Clients, Protect Yourself from Data Theft

Leaders from the IRS, state tax agencies and the tax preparation community recently urged tax professionals to be proactive in the fight against identity theft and launched an expanded awareness campaign, Protect Your Clients; Protect Yourself, that will provide computer security tips and other information leading into the 2017 tax filing season.

As part of this effort, IRS invites tax professionals to participate in a free 1.5-hour webinar, Protect your Clients; Protect Yourself from Data Theft, on Aug. 17 at 1:00 p.m. Eastern. 

 

You can register for the webinar now.

 

Topics include:

    • Security Summit initiatives for FY 2017, including enhancing tax professional awareness of client data safeguards
    • Legal requirements and best practices to better protect taxpayer information
    • Emerging scams, as outlined by our Criminal Investigation expert
    • Steps tax professionals should take if they suffer a loss of taxpayer data
    • Opening remarks from IRS Commissioner John Koskinen and a live Q&A with IRS subject matter experts

Earn one continuing education credit in the category of federal tax.

July 13 Webinar Rebroadcast: Practicing Before the IRS – Circular 230 A to Z

Register for the July 13 rebroadcast of the two-hour webinar, “Practicing Before the IRS – Circular 230 A to Z.” 

 

Certificates of completion are being offered. Earn up to three continuing education (CE) Credits — two CE credits for Ethics and one for Federal Tax.

 

NOTE: If you previously earned CE credit for the Jan. 13, 2016, “Practicing Before the IRS” webinar, you may participate in the July 13 rebroadcast, but you may not earn credit again for this rebroadcast

Guidance on Complying with Education Law Article 129-B from New York State Education Dept.

Complying with Education Law Article 129-B New York State Education

I- Introduction:

This guidance document is joint guidance of the State Education Department and the New York State Office of Campus Safety. It is intended to assist colleges and universities in complying with Education Law Article129-B, as added by Chapter 76 of the Laws of 2015, relating to the establishment of sexual assault, dating violence, domestic violence and stalking prevention and response policies and procedures. Article 129-B includes §§ 6439-6449 of the Education Law.

II- History of the Legislation:

Governor Andrew Cuomo introduced comprehensive sexual assault prevention legislation as part of the 2015 Executive Budget. Final legislation was passed unanimously in the Senate (S.5965, sponsored by Senator LaValle) and 138-4 in the Assembly (A.8244, sponsored by Assemblymember Glick) on June 17, 2015. On July 7, 2015, Governor Cuomo signed the bill into law as Chapter 76 of the Laws of 2015.

Article 129-B (except for the provisions regarding Climate Surveys [Education Law §6445] and Reporting Aggregate Data to the Department [Education Law §6449]) became effective October 5, 2015. The Climate Survey and Aggregate Data sections take effect in July 2016 with the provisions applying for the 2016-2017 academic year.

III- Rulemaking:

The State Education Department (SED) is required by Education Law §6449(4) to adopt regulations by October 5, 2016 relating to the reporting of aggregate data, in consultation with representatives of SUNY, CUNY, and the private and independent colleges.

IV- Compliance:

Each institution is required by Education Law §6440(1) to adopt written rules implementing this article by amending its code of conduct or other comparable policies. A copy of these rules and policies must be filed with SED on or before July 1, 2016. Updated policies must be filed at least every 10 years, except that the second filing shall coincide with the required filing of a certificate of compliance under Article 129-A of the Education Law, and continue on the same cycle thereafter. 

***

Read or download entire Guidance in pdf.

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